Archive: 2025 / 09

JSW Steel leads market focus: 17% output jump, Morgan Stanley upgrade, 95% utilization
- Sep, 9 2025
- 0
JSW Steel grabbed market attention with a 17% YoY jump in August crude steel output and 95% capacity use. Morgan Stanley upgraded the stock to Overweight with a ₹1,300 target. Technicals turned positive, pointing to ₹1,150 near term. The company is scaling to 43.4 MTPA by 2026, including a 10 MTPA green steel push. Traders also kept Mahindra Logistics and Aditya Infotech on the watchlist.
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