Although JSTL’s net debt is expected to rise over FY20–22E, we expect net debt to peak in FY22 at INR656b (INR600b in FY20), with net debt to EBITDA of 3.8x. We value JSTL at a 6.5x FY21E EV/EBITDA to arrive at a TP of INR199/share. Maintain Buy. … [Read more...] about Buy JSW Steel; target of Rs 199: Motilal Oswal
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At Apex, the tool maker in Illinois, Collins said the new realities of the workplace were adding stress. “You feel it with the unknown,” he said. At his company, though, the arrival of spring weather has helped. “When we have a nice day, we open up the building to get the fresh air flowing,” Collins said. “That makes things a little more pleasant.” … [Read more...] about Boom in canned food means a boom in cans, too
A rise or fall in promoter holding is one factor which one should consider while making a buy or sell decision, but at the same time investor must also look at the fundamentals of the company, future prospects of the company and level of corporate governance, suggest experts. … [Read more...] about Promoters of these 8 companies reduced share pledge in Q4; what should investors do?