BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Macquarie Downgrades JSW Steel to Neutral
Macquarie has downgraded JSW Steel to 'neutral' from 'outperform' for target price of Rs 906 per share. Macquarie says that it remains constructive on JSW Steels growth prospects but believes headwinds will weigh on stock prices. Macquarie adds that Indian steel is caught in a prolonged downturn.