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Trading tips of the day: Buy JSW, Adani Ports & IGL
Tue, May 15, 2012 at 08:42
JSW Steel
Brokerage: Goldman Sachs
Rating: Buy
Target: Rs 798
Rationale: The company’s’ fourth quarter profits were nearly 40% ahead of estimates. But a resumption of iron ore mining in Karnataka is key to maintaining plant utilization.