ICICI Direct is bullish on JSW Steel has recommended buy rating on the stock with a target price of Rs 215 in its research report dated May 19, 2017.
HDFC Securities is bullish on JSW Steel has recommended buy rating on the stock with a target price of Rs 225 in its research report dated May 18, 2017.
Motilal Oswal is bullish on JSW Steel has recommended buy rating on the stock with a target price of Rs 241 in its research report dated May 17, 2017.
Ashwani Gujral of ashwanigujral.com suggests selling CESC, JSW Steel and Raymond.
Hindustan Unilever and JSW Steel are on the radar of investors today
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Ashwani Gujral of ashwanigujral.com is of the view that one can hold Tata Steel and buy Indiabulls Housing and Ashok Leyland.
Sandeep Wagle of powermywealth.com suggests buying JSW Steel, Tata Consultancy Services and NCC.
Call writes are continuously unwinding and shifting their short positions to higher strikes.
Tata Steel | Golden Tobacco | JSW Steel | Edelweiss | Emami Paper | Shree Cement | Dishman Pharma | IRB Infra | Lupin | Umang Dairies | Future Enterprise | Ganesh Ecosphere and Capital First are stocks, which are in news today.
VK Sharma of HDFC Securities advises buying Steel Authority of India (SAIL) 62.5 Call at Rs 1.5.
According to Ashwani Gujral of ashwanigujral.com, one can buy Mahindra & Mahindra Financial Services, Sun TV and JSW Steel.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Apollo Tyres, Exide Industries, JSW Steel and Axis Bank and sell Tata Power.
A meeting of the company's Board of Directors is to be held on May 17 and it "would be considering raising of long terms funds", JSW Steel said in a BSE filing.
Rahul Shah of Motilal Oswal suggests buying ONGC, JSW Steel and Axis Bank.
Krish Subramanyam of Altamount Capital is of the view that one can buy JSW Steel May futures and sell 210 Call.
Mitessh Thakkar of miteshthacker.com recommends buying Allahabad Bank and JSW Steel.
Net Sales are expected to increase by 14.9 percent Q-o-Q (up 51.8 percent Y-o-Y) to Rs 16110 crore, according to HDFC Securities. JSW Steel to report net profit at 880 crore up 21.1% quarter-on-quarter.
Higher time frame remains bullish with 'higher top and higher bottom' formation still intact and hence weakness in the short-term towards 9,000 to be a buying opportunity.
"Today we have 18 mt installed capacity which is 15 per cent of the national steel manufacturing capacity of 128 mt. If the country builds 300 mt capacity by 2030, we would like to plan accordingly to maintain our 15 per cent share, which will be 40-45 mt," JSW Steel joint managing director & group CFO Seshagiri Rao told PTI.
The company has expressed interest in acquiring some of the stressed steel-makers, but there has not been much progress on that as banks appear not keen to take a haircut.
While the company is looking at making acquisitions to take its steel capacity to the targeted 40 MT, it wants to keep a tight control over key financial ratios.
While JSW Steel is looking at increasing its capacity to 40 MT over the next decade, company’s Joint MD and Group CFO Seshagiri Rao tells Moneycontrol that he doesn’t expect inorganic growth to contribute to its expansion plans.
Speaking about government’s assurance about resolving the NPA mess, Seshagiri Rao, Joint MD and Group CFO of JSW Steel told CNBC-TV18 that there is no specific agenda with regards to steel sector's non-performing assets (NPA) problem.