Jindal Stainless shares: Down 17% in YTD! Jefferies India sees 32% upside after Q2 results 2026 | Target, rationale
New Delhi, Oct. 23 -- Jefferies India stock recommendations | Stocks to buy today: The board of directors of Jindal Stainless Ltd declared the Q2 Results 2026 on Thursday. The West Asia-led uncertainty, volatile fuel prices, and persistent shipping disruptions continue to cloud Jindal Stainless Ltd's outlook, prompting India's largest stainless steel manufacturer to cut its FY27 sales volume growth guidance. The company has lowered its sales volume growth guidance to 4-6% for fiscal year 2026-27 (FY27) from 7-9% earlier, as disruptions in the first quarter affected its performance, chief executive Tarun Khulbe told reporters on Thursday.
The company, however, raised its earnings before interest, taxes, depreciation and amortisation (EBIT...
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