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27% over 2024-25 (Apr-Mar)-FY28 across companies under its coverage. It has maintained 'buy' recommendations on JSW Steel and Jindal Steel. The brokerage has raised its target price on JSW Steel by 7% to INR 1,300 and on Jindal Steel by 6% to INR 1,150, reflecting the sector's improving medium-term earnings visibility.
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