Buy Sell Stock Tips & Recommendations On Company: Jindal Stainless
|Date||Stock Expert||Stock||Buy or sell advice|
|May 25, 2017||Neeraj Dewan, Quantum Securities||Jamna Auto, Jindal Stainless, Venky||Buy companies where we have been recommending and which have corrected recently and the results were very good.
Jamna Auto which is more related to CV. The results showed a lot of improvement in this quarter. The margins went up. ROC of the company is close to 30%. So Jamna Auto falls in that category and baring auto ancillaries, we have seen very good results from metal companies including steel companies.
Jindal Stainless stock saw high of 150 plus. It has corrected to Rs 125130 levels and the results were very good. There is improvement. The bottomline is also back into black and they are making profits now.
Venky’s stock went to high levels, ran up very fast but it has corrected Rs 150-200 from its top and the results were very good. The realisations are now touching all time high. So this quarter can also be good for them.
These are the stocks where the results were good, correction has happened. One can even take a bet even at these levels.