JSW Steel Ltd. (JSW) is the largest private steel maker in India with an installed capacity of 7.8mt post commissioning of India's largest blast furnace of 2.8mt. The company has the most modern steel plant with latest technologies for both upstream and downstream processes. At CMP of Rs 1,071, stock trades at P/E of 12.8x FY'10. We assign BUY recommendation on the stock on the back of improved earnings quality associated with higher raw material integration and hassle-free superior volume growth, attractive returns on capital and better shaped balance sheet. Please follow the link for further reading
Click here
Safe Harbor:
The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en
No comments:
Post a Comment