BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Macquarie maintains outperform on Jindal Saw
Company has completed the investment phase and is the most-diversified pipe manufacturer in India. Order book growth improves earnings visibility. Ebitda is likely to triple over three years. The stock is trading at a modest 8.4 times FY16 price earnings ratio.