JSW Steel beats Q1 profit estimates as domestic steel prices rise and raw material costs ease, boosting market sentiment.

• Jefferies maintains "buy," targets ₹1,200; capacity expansion to 36 mtpa seen supporting future growth.
• Nuvama sees price recovery post-monsoon, but keeps "reduce" rating; expects earnings boost from stronger steel prices.
• Emkay upgrades to "add," targets ₹1,050; safeguard duty extension and demand strength aid positive price outlook.