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    Monday's top brokerage calls on JSW Steel

    Monday's top brokerage calls on JSW Steel

    Monday's top brokerage calls on JSW Steel
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    By CNBCTV18.com  IST (Published)

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    SUMMARY

    Nomura maintains 'reduce' on the shares of JSW Steel with a target price of Rs 548, while CLSA maintains 'sell' on the shares of JSW Steel with a target price of Rs 500. Here are the top brokerage calls for the day -

    Nomura, JSW Steel, brokerage calls, brokerage radar
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    Nomura on JSW Steel | Nomura maintains 'reduce' on the shares of JSW Steel with a target price of Rs 548. As per the brokerage house, reversal of export duty can change the situation of the company.

    JPMorgan, JSW Steel, brokerage calls, brokerage radar
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    JPMorgan on JSW Steel | JPMorgan maintains 'neutral' on the shares of JSW Steel with a target price of Rs 610. The brokerage house says margin should improve from the second quarter.

    Citi, JSW Steel, brokerage calls, brokerage radar
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    Citi on JSW Steel | Citi maintains 'neutral' on the shares of JSW Steel with a target price of Rs 600. The brokerage house says that any positive news flow from China would drive the stock.

    CLSA, JSW Steel, brokerage calls, brokerage radar
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    CLSA on JSW Steel | CLSA maintains 'sell' on the shares of JSW Steel with a target price of Rs 500. CLSA notes that the company's EBITDA (earnings before interest, taxes, depreciation, and amortisation) are below expectations due to several one-off provisions.

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