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Buy JSW Steel, target Rs 288: Kunal Bothra

ETMarkets.com|
Jan 05, 2018, 08.47 AM IST
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Independent analyst Kunal Bothra has a buy call on JSW Steel with a target price of Rs 288.

The current market price of JSW Steel is Rs 276.90.

Time period given by the analyst is 'Intra Day' when JSW Steel price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 272.

JSW Steel, incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 66,932.83 Crore) operating in Iron and Steel sector.

The company's top management includes Dr.Vijay Kelkar, Dr.Vinod Nowal, Dr.(Mrs.)Punita Kumar Sinha, Mr.Haigreve Khaitan, Mr.Hiroyuki Ogawa, Mr.Jayant Acharya, Mr.Kannan Vijayaraghavan, Mr.M V S Seshagiri Rao, Mr.Malay Mukherjee, Mr.N Jayaram, Mr.Sajjan Jindal, Mr.Seturaman Mahalingam, Mrs.Savitri Devi Jindal.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 2,417,220,440 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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