INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Jindal Steel Power Ltd
with a target price of Rs 147
The current market price of Jindal Steel Power Ltd
is Rs 141.2 Time period given by analyst is Intra Day when Jindal Steel Power Ltd
price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 136
Jindal Steel Power Ltd., incorporated in1979, is a Mid Cap company (having a market cap of Rs 13667.40 Crore) operating in Iron and Steel
key Products/Revenue Segments include Iron Steel Items which contributed Rs 17908.20 Crore to Sales Value (98.87 % of Total Sales), Other
Operating Revenue which contributed Rs 95.84 Crore to Sales Value (0.52 % of Total Sales), Export Incentives which contributed Rs 93.35
Crore to Sales Value (0.51 % of Total Sales) and Scrap which contributed Rs 14.95 Crore to Sales Value (0.08 % of Total Sales)for the year
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 9434.98 Crore, down -4.91 % from last quarter Sales
of Rs 9921.81 Crore and up 36.66 % from last year same quarter Sales of Rs 6903.79 Crore Company has reported net profit after tax of Rs
-87.24 Crore in latest quarter
Wirk, Mr.Naushad Akhter Ansari, Mr.Naveen Jindal, Mr.R V Shahi, Mr.Rajeev Bhadauria, Mr.Sudershan K Garg, Mrs.Savitri Jindal, Mrs.Shallu
as its auditoRs As on 31-12-2018, the company has a total of 967,946,379 shares outstanding.
