External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Prabhudas Lilladher's research report onJindal Stainless We met the mgmt. of Jindal Stainless (JDSL) to get an update on current demand environment and future growth initiatives.</li><li>Domestic stainless steel (SS) demand remains strong and the mgmt. expects it to improve further from H2FY25 aided by the government’s continued focus on infrastructure including expenditure on transport sector such as railways, metros and station modernization.</li><li>Export demand remains muted, but is expected to improve as a result of the current destocking in developed economies, likely improvement in the US economy post elections, and the mgmt. exploring newer export markets. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Prabhudas Lilladher's research report onJindal Stainless We met the mgmt. of Jindal Stainless (JDSL) to get an update on current demand environment and future growth initiatives.Domestic stainless steel (SS) demand remains strong and the mgmt. expects it to improve further from H2FY25 aided by the government’s continued focus on infrastructure including expenditure on transport sector such as railways, metros and station modernization.Export demand remains muted, but is expected to improve as a result of the current destocking in developed economies, likely improvement in the US economy post elections, and the mgmt. exploring newer export markets. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Jindal Stainless - On a Right Track to Spur Growth