Buy Jindal Steel & Power, target Rs 243: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on Jindal Steel & Power with a target price of Rs 243.

The current market price of Jindal Steel & Power is Rs 235.90.

Time period given by the analyst is Intra Day when Jindal Steel & Power price can reach defined target.


Dr CK Narayan recommended keeping a stop loss at Rs 230.

Jindal Steel & Power, incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 22,833.86 Crore) operating in Iron and Steel sector.

The company’s top management includes Dr.Amar Singh, Mr.Anjan Barua, Mr.Arun Kumar, Mr.Arun Kumar Purwar, Mr.Dinesh Kumar Saraogi, Mr.Hardip Singh Wirk, Mr.Naveen Jindal, Mr.Pradyumna Singh Dubey, Mr.Rajeev Bhadauria, Mr.Ram Vinay Shahi, Mr.Ravikant Uppal, Mr.S Annadurai, Mr.Sudershan K Garg, Mrs.Savitri Jindal, Mrs.Shallu Jindal, Mrs.V C Mirunalini.

The company has Lodha & Co. as its auditors.

As on 31-12-2017, the company has a total of 916,444,234 shares outstanding.