Tuesday, May 5, 2015

JSW STEEL LTD @ 973.10 ( below 884 is a Strong buy)

1. Today I give you a large cap or blue chip recommendation which is " Jsw Steel Ltd".
2. Before we continue I want to tell you one thing about steel sector, Market is always cyclic and these day you may see that all tea and coffee stock, all iron and steel stock and all sugar stocks under performs Indian stock market.
3. This is the reason that why some of my 2016 multi-bagger recommendations are from these under-performing sectors, See these past articles of this blog for details:-
If any of my follower miss above 3 stocks then do not worry they are still in buying range and we wait(Hold) 1-2 year in these stocks for decent returns .
4.  Jsw Steel Ltd is a 10 rupee face value iron and steel stock which belong to BSE group A stocks and part of S&P BSE 100.
5. CMP of  Jsw Steel Ltd is 973.10, Year high of  Jsw Steel Ltd is 1365.35 and year low 888.20 so this ratio is below 2 ( Read my book for more understanding about this concept that why I buy a stock which year high/low is below 2).
6. Promoters holding in  Jsw Steel Ltd is 40.03% which raise from 39.59% so rising in promoters holding is a good sign. FII holding 18.99% and DII holding 4.20%
7. No any bulk deal, block deal, face value split and bonus issue in last 2 years. ( Which is a good sign because these sign indicate price stability in my theory of investing).
8. Jsw Steel Ltd is a dividend paying stock here is past dividend history of this company
07/07/2014Dividend 11.00
15/07/2013Dividend 10.00
12/07/2012Dividend 7.50
11/07/2011Dividend 12.25
14/06/2010Dividend 9.50
9. Net sale per share in FY 13-14 is 1873.95 and sale are seems to stable in FY 14-15, So if you read my book thenyou may knew that if a stock traded below this net sale per share then It may be undervalued and may be a value buy.
10. Base Price of this stock is 884 so it is a strong buy near or below 884.
11. Discloser:--I am an exiting research analyst and applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 and my wife hold Shree Renuka Sugars Ltd,Tata Steel Ltd,Jay Shree Tea & Industries Ltd stocks so my personal interest is included in all of these stocks


  1. Great posting, I really liked your way to highlight some really important and significant points. Thank you so much, I appreciate your work.
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  2. The research and information you have provided are excellent. You can also see us at CORTEN STEEL PLATES & SHEET in India if you're interested in the same field.


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