Jindal Steel and Power Limited

Dear Mr.Pankaj,

JSPL is being a low-cost manufacturer of steel and power in india. Generation of power from their plants  is without having any EPC contractors, resulted  a good cost savings.Capacity addition of power plants from 1333mw to 6100mw by FY14 will help topline growth.Also, they are  having own captive mines will provide cheap coal  to their power plants.

The Current price is  Rs 600 Ex-bonus is Best Buy rate .

Expected price by Mar.2010 is Rs1200

Now ,  the ruling market price is Rs 700/- ,still it is worth .

Those who are missing the same, may buy now  and add  this scrip in  your Portfolio.

 Regards

Varathan

Its a great buy at every dip.... strong support @ 550.

Thanks a lot Seenivasa. I bought it at 604/- and have continued to hold it. Thanks again.

Pankaj