Value Pick: Deleveraging, good volume growth to aid JSPL; brokerages see 16% upside in JSPL share price
“Emission concerns and negligible capacity additions globally should cap supply and open export opportunity for the Indian steel industry, which is one of the lowest cost producers globally due to cheap domestic iron ore availability, brokerage firm Axis Securities said on steel category
JSPL stock surged over 2 per cent to Rs 532.5 on Friday on the BSE intraday trade as compared to 0.22 per cent fall in the S&P BSE Sensex at around 11:00 am. Source: Reuters