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Thursday, April 11, 2013

Buy: Jindal Steel and Power Ltd
CMP: Rs.329.50
Meanwhile, apart from Kotak, Ventura Securities is also bullish on Jindal Steel & Power  (JSPL) and has recommended buy rating on the stock in its February 21, 2013 research report. The research firm believes that, all the negatives such as termination of Bolivia project, Angul project delay and regulatory risks have been priced in and limited downside is expected from current levels. CLICK HERE.