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Bloomberg Quint

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Image Credit: Bloomberg Quint

JSPL, Hindalco, Jindal Stainless — Anand Rathi's Top Stock Picks In Metals & Mining Sector; Q1 Results Preview

  • Anand Rathi is positive on Jindal Steel, Hindalco Industries, and Jindal Stainless in the Metals and Mining sector for Q1 results.
  • Anand Rathi anticipates Jindal Steel and Power Ltd. to outperform the sector with Rs 13,214 Ebitda/tonne and sector-leading ~20.6% Ebitda margins.
  • Jindal Stainless Ltd.'s Ebitda is expected to have improved the most quarter-over-quarter (QoQ) by 30% to Rs 11,066/tonne.
  • In Q1 FY26, primary long steel prices commanded an 8% premium to HRC, reaching a high of Rs 57,200 a tonne.

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