Jindal Stainless Limited — Investor Meet, 23-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Jindal Stainless Limited's Q2 FY25 earnings call highlighted steady sales despite global export challenges, with domestic demand growing, particularly in rail and white goods sectors. They are optimistic about future stainless steel demand driven by government infrastructure projects. The company reduced its volume growth guidance from 20% to 10-15%, citing export declines, while maintaining an EBITDA margin target of around Rs. 18,000 per ton. The Nickel Pig Iron smelter in Indonesia was commissioned early, and debt has decreased amid ongoing capital investments.