BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains sell on JSW Steel
Risk-reward unfavourable for JSW Steel. Global steel prices correcting again. Focus will shift to MIP extension again. MIP will be withdrawn by end of FY2017.Limited upside even if MIP extended into FY2018.