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Neutral impactCorporate Action

Long steel prices could rise further; Axis Capital prefers Jindal Steel over SAIL

CNBC-TV18 3d ago·27 Aug 2026, 9:16 am

Axis Capital's Amit Murarka says long steel prices, up sharply over the past month and a half, still have room to rise as post-monsoon demand returns and coking coal costs climb. He favors Jindal Steel over SAIL to play the rally and names JSW Steel as the sector's top structural pick.

Affected stocks

Neutral3 stocks

Jindal Steel

₹1,179.20

SAIL

—

JSWSTEEL

—

Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.

Key takeaways

Concerns Jindal Steel (JINDALSTEL).
Category: Corporate Action.
Also mentions SAIL, JSWSTEEL.

Why it matters

A routine update for Jindal Steel. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at CNBC-TV18.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.