Steel Stocks To Buy: Nomura raises price target on its top two picks for 16% upside

Nomura is upbeat on JSW Steel and JSPL, raising price targets and maintaining 'Buy' ratings, citing upcoming capacity expansions and stronger raw material integration as drivers of earnings growth.

Sep 23, 2025 - 10:00
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Steel Stocks To Buy: Nomura raises price target on its top two picks for 16% upside
Nomura is upbeat on JSW Steel and JSPL, raising price targets and maintaining 'Buy' ratings, citing upcoming capacity expansions and stronger raw material integration as drivers of earnings growth.

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