A turnaround story for Jindal stainless for long term
Mis à jour
there is merger with jsw hisar ,
the merger will lead to a simplified capital structure expanding the turnover of the combined business to 20000 crore so after
the merger of jshl into jsl will create a mega stainless steel enity that will be among the top 10 stainless steel companies in the world and will be largest in india
we can also prefer jindal stainless hisar also but it will be merged in jsw stainless at the ratio of 1:1.95 so if wanted can prefer jindal hisar also
but in long jindal stainless wil create a value
and also from 16 years there is no split or bonous or dividend until now
now dept is being cleared qoq and eps is improving in metals stainless steel did not rally much and jindal stainless would be expected to be market leader in stainless steel
in india
in case stock corrects dip1-145-150
dip-2 -120
this is for long term can be a multi bagger
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
the merger will lead to a simplified capital structure expanding the turnover of the combined business to 20000 crore so after
the merger of jshl into jsl will create a mega stainless steel enity that will be among the top 10 stainless steel companies in the world and will be largest in india
we can also prefer jindal stainless hisar also but it will be merged in jsw stainless at the ratio of 1:1.95 so if wanted can prefer jindal hisar also
but in long jindal stainless wil create a value
and also from 16 years there is no split or bonous or dividend until now
now dept is being cleared qoq and eps is improving in metals stainless steel did not rally much and jindal stainless would be expected to be market leader in stainless steel
in india
in case stock corrects dip1-145-150
dip-2 -120
this is for long term can be a multi bagger
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
Note
great to see uptrend in jsl but jsl hisar is under valued so when demerger happens hisar buying one will have advantage
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