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Vijayanagar
2 posts
JSW Steel (NSE: JSWSTEEL) is near a record high on a 10x profit jump. Almost none of it was real
JSW Steel's profit jumped nearly 10x, but it was an accounting gain, not steel. The real story is a deleveraged balance sheet and a 40x valuation near record highs.
Can JSW Steel’s October output and Illawarra stake raise margin visibility in FY26?
JSW Steel reports 9% YoY rise in October 2025 crude steel output and increases stake in Illawarra Metallurgical Coal. Will this help lower costs in FY26?