Mumbai, Oct. 22 -- 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 amortization (Ebitda) guidance to Rs.22,000 per tonne from Rs.18,000-20,000 per tonne indicated at the beginning of the fiscal year.

"The first quarter was badly affected...