Buy Jayaswal Neco for target of Rs 39: Nirmal Bang

MUMBAI: Nirmal Bang Securities has recommended investors to buy shares of Jayaswal Neco Industries for a target of Rs 39 in the short term.

“Buy this stock for a target of 39 in the short run. Strong move was witnessed on Monday with huge volumes. Support is seen at 30-27 levels,” said the brokerage firm.

Shares of the company were trading at Rs 34.20, up 0.29 per cent on the NSE.