BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Jefferies Initiates Buy on JSW Steel
Jefferies has initiated buy on JSW Steel for target price of Rs 1,116 per share. Jefferies says that company is a low cost converter and beneficiary of iron ore availability and it sees potential 18 per cent upside for JSW Steel. The brokerage expects cushioning of margin pressure from falling steel prices.