JSW Steel Stock Gets Buy Rating From Jefferies After Strong Results: Check Target Price
India, Oct. 26 -- The shares of the JSW Group company, specializing in the manufacture and sale of a wide range of flat and long steel products, as well as value-added steel solutions, are in focus after the leading Brokerage firm Jefferies initiated a Buy Target with an upside potential of 39 percent.
With a market capitalisation of Rs. 2,96,511.29 crore in the day's trade, the shares of JSW Steel Ltd rose upto 3.2 percent, making a high of Rs. 1,226.10, compared to the previous close of Rs. 1,187.00.
What Happened
JSW Steel Ltd shares are in the spotlight after a global brokerage firm, Jefferies, maintained a "BUY" rating on the stock and set a target price of Rs. 1,650. The target implies an upside potential of around 38.8 percent ...
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