ilmscore | Prediction Details
"According to Novama, the impact of every ₹1000 per tonne increase in steel prices will be 7 to 8% on FY26 EBITDA for SAIL and JSW Steel, 5% for Tata Steel and 4% for Jindal Steel Park."
By Groww | April 21, 2025 | Pending
From video
What’s Behind the Steel Stocks Surge in 2025? | What’s Fueling the Growth in Steel Stocks? 00:05:24 - 00:05:37
Interpreted Prediction
Novama predicts that a ₹1000 per tonne increase in steel prices will boost FY26 EBITDA by 7-8% for SAIL and JSW Steel, 5% for Tata Steel, and 4% for Jindal Steel Park.

Prediction Details

Topic
Indian Steel Companies' EBITDA

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