Hi,
Can anyone throw some light on the shares of Jindal Steel and Power Limited after ex-bonus current market price?
Pankaj Trivedi
https://www.ArticlesForKnowledgeSharing.com
4 Replies
seenivasa varathan
(MANAGER(ADMN))
(158 Points)
Replied 29 September 2009
Dear Mr.Pankaj,
JSPL is being a low-cost manufacturer of steel and power in india. Generation of power from their plants is without having any EPC contractors, resulted a good cost savings.Capacity addition of power plants from 1333mw to 6100mw by FY14 will help topline growth.Also, they are having own captive mines will provide cheap coal to their power plants.
The Current price is Rs 600 Ex-bonus is Best Buy rate .
Expected price by Mar.2010 is Rs1200
seenivasa varathan
(MANAGER(ADMN))
(158 Points)
Replied 19 October 2009
Now , the ruling market price is Rs 700/- ,still it is worth .
Those who are missing the same, may buy now and add this scrip in your Portfolio.
Regards
Varathan
Gundeep SINGH
(Owner)
(22 Points)
Replied 20 October 2009
Its a great buy at every dip.... strong support @ 550.
Pankaj Trivedi
(General Manager)
(36 Points)
Replied 20 October 2009
Thanks a lot Seenivasa. I bought it at 604/- and have continued to hold it. Thanks again.
Pankaj
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