Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Jindal Stainless and more

In today’s briefing:

  • Jindal Stainless (JDSL IN): Steady Volume Growth- A Positive For The Long Term


Jindal Stainless (JDSL IN): Steady Volume Growth- A Positive For The Long Term

By Tina Banerjee

  • Healthy sales volume (up by 9% YoY to 512,205 MT) drive revenues in Q3FY24
  • EBITDA per ton remain subdued, but expected to steadily gather strength
  • Acquisitions coupled with ramp up of existing capacity will help take the growth story forward

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