Jindal Saw Ltd
JINDALSAW

55.95

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

55.75

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 54.90

Last updated on 02-Dec-2016

We recommend an ACCUMULATE on the stock based on spin-off of loss-making ventures leading to a turnaround. EBITDA margin expansion due to cost pass-through contracts is also expected to contribute to the improved profitability. The stock provides limited upside potential on FY17E forward P/E of 4.8x. (Target Price -Rs.58.4)
Detailed View
50 DMA (.)
58.36
100 DMA (.)
54.56
200 DMA (.)
48.98
Weekly Range (.)
53.10
55.95
Monthly Range (.)
47.50
64.00
52 Weeks Range (.)
35.65
67.60
Detailed Chart