Emkay Global's Stock Idea
Emkay Global is Bullish on Jindal Stainless Ltd.
Idea Submitted on 28Sep,2018
  • 3 Total Ideas
  • 2 Active Ideas
  • 1 Closed Ideas
  • 0 Friends
  • 0 Followers
  • Avg. Returns
     -30.52%
    Success Rate
      0%
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      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 32 (10Dec,18 10:02:am)
     Time Frame
    1year
     Start Price
    55.05
     Target Price
    151
     Stop Loss
    33
     Projected Gain
    95.95 (174.3% Upside)
     Returns Achieved
    -23.05     -41.87%
     Analysis

    We are optimistic towards the company’s performance going ahead. We continue to value the company at 6.5x FY20E EV/EBITDA and maintain our Buy rating with a target price of Rs 151. At the current market price, the stock is trading at 4x FY20E EV/EBITDA. Global peers are trading at 5.5x FY20E EV/EBITDA, on an average

    • Stoploss not specified.(stoploss of 40% auto inserted)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Jindal Stainless
    32.15
    Sentimeter
    Buy Calls: 5 Sell Calls: 0
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