JINDAL STEEL & POWER LTD
Long
Updated

JSPL making an classic reversal ....

69
Head and shoulder on its way ... may be election outcome .
Trade active
volume on rise
CITI ON JSPL: ET NOW
Maintain BUY, Target at `254/share
Sharp Improvement In Cash Flows
Angul DRI & Coal Gasifier Restart a trigger
Valuations are very attractive @ 0.45x P/BV
Long term EBITDA potential looks significant
Note
it may test 175 TL ..... holdon

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