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Trading tips of the day: Buy JSW, Adani Ports & IGL

Tue, May 15, 2012 at 08:42

Source: CNBC-TV18
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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.