| May 24, 2017
||Milan Sharma, Rivergate Capital Partners
||Jindal Steel & Power (JSPL)
||We recommend a buy of Jindal Steel & Power. The company posted results yesterday. Though there were some one time exceptional gains due to which the stock corrected and there is negative news about the promoter but overall, we are quite hopeful about the entire steel sector. The valuations are compelling for the companies like JSPL. If someone is a longterm player and wants to create a longterm bet, then one should definitely go for JSPL at these levels. This stock can easily double to triple in next three to four years time from these levels.