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ADD Jindal Steel, target of Rs 2884: IIFL

Posted on: June 27th 2009 in Press Releases.

IIFL has recommended an add rating on Jindal Steel & Power with a 12-month target of Rs 2884 in its June 24, 2009 report. “Jindal Steel and Power (JSPL) is expanding its power generation capacity from 1,333MW to 5,000MW by FY13ii. We believe that given the sustained peak power…

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