We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Jindal Steel & Power Stock (JSPL) Price Analysis & Research

IIFL is optimistic on the perormance of Jindal Steel & Power (JSPL) as it feels that it has been investing heavily in its business in the past two years. The standalone power capacities are expected to be operational by Q1 FY’13, followed by the 1.6mtpa steel plant at Angul in H2 FY13. In FY’13, earnings growth for the consolidated entity is expected to be 11.3 per cent led by a jump in contribution from JSPL’s standalone power plants and superior product mix. The company’s earnings would surge 54.8 per cent yoy in FY14, led by contribution from the 1.6mtpa Angul steel plant, higher PLF’s for the standalone power capacities and higher consumption of sponge iron. IIFL has used Sum-of-The-Parts (SoTP) valuation method to value the company.

IIFL has maintained a buy for the stock and has projected a targt price of Rs 671 for the stock. Remember to bookmark us for stock market tips and make money with our sure tip of the day.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9