External broker reports(aggregated public sources), IDBI Capital

IDBI Capital

IDBI Capital is a leading Fund Manager in the country for Provident, Pension and Retirement Benefit Funds.

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>Jindal Steel &amp; Power (JSPL) reported lower than expected Q1FY22 EBIDTA on weaker than expected sales volumes. Its standalone EBITDA decreased 7% QoQ to Rs45 bn as its volumes fell 16% to 1.6 mn tonnes. Exports contributed 34% to its sales in 1QFY22 compared to 27% in Q1FY21 as lockdown affected domestic demand. Nevertheless, its...</p><div class="content-highlight"><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></div>

Jindal Steel &amp; Power (JSPL) reported lower than expected Q1FY22 EBIDTA on weaker than expected sales volumes. Its standalone EBITDA decreased 7% QoQ to Rs45 bn as its volumes fell 16% to 1.6 mn tonnes. Exports contributed 34% to its sales in 1QFY22 compared to 27% in Q1FY21 as lockdown affected domestic demand. Nevertheless, its...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.

Q1FY22 Result Review : Jindal Steel & Power