Metal stock in focus: Elara initiates coverage with BUY rating on Jindal SAW; sets target price – Here’s why brokerage is bullish – Markets
Metal stock in focus: Brokerage house Elara Capital has initiated coverage on Jindal Saw Ltd and assigned the stock a BUY rating, setting a target price of Rs 280. According to the brokerage, the company’s earnings will normalise strongly during FY27-28, supported by several structural factors. Brokerage house Elara Capital also believes that the company…
