May 17, 2011 12:16 PM IST | Source: CNBC-TV18

National Steel can move to Rs 35-40: Tulsian

National Steel & Agro Industries can move to Rs 35-40 in maybe next 6 to 8 months time, says Investment Advisor, SP Tulsian.

National Steel & Agro Industries can move to Rs 35-40 in maybe next 6 to 8 months time, says Investment Advisor, SP Tulsian.

Tulsian told CNBC-TV18, "National Steel is a small company having market cap of less than Rs 100 crore; to be precise market cap of close to about Rs 82-83 crore. It is very good established company having Rs 3 lakh per tonne per annum of capacity of coal roll. They buy a hot roll coil and make the coal roll plus galvanize color coating sheets from the HR coil.

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