BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains buy on JP Associates
Multiple catalysts will drive re-rating in the stock. Net debt to equity is likely to fall to 2.7 times versus 4.1 times. Cost cutting will improve margin.