Stay invested in Jindal Steel & Power: Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "Jindal Steel & Power (JSPL) is a company where they have done their capex, so increasingly you will get better numbers because now really it will all come in the bottomline and the fact that we are globally seeing a better run for metals, I think that is very important at this point in time because clearly the domestic play is sort of protected by the fact that the government has taken steps to safeguard them from what is happening in China, etc."

"If you see globally what is happening with iron ore prices, and the entire metal space whether it is aluminium, lead, you name it, I think there is a certain buzz around that entire space. So, I think it makes sense to stay invested in Jindal Steel and Power (JSPL). I have read some very fancy targets on this, but I think that even from these levels you should see a decent return of 10-15 percent at least," she added.