Jeevan Scientific Technology Ltd. News and Updates

Name: Latest research reports of Jeevan Scientific Technology Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Jeevan Scientific Technology Ltd.
Rating: 3
Author: HDFC Securities

Keep track of all breaking news on Jeevan Scientific Technology Ltd. from all sources in a single place.

Jeevan Scientific Technology Ltd.

05 Feb 2018

43.00

1.11%

JSW Steel (3QFY18): Well set, but expensive. Maintain NEUTRAL

Neutral: Jeevan Scientific Technolo...

HDFC Securities

Our NEUTRAL stance is premised on adequate valuations, more than any concerns on fundamental goodness of the business. JSW Steel (JSTL) reported a strong 3QFY18, beating our EBITDA/t estimate of Rs 7,920 handsomely at Rs 9,000 (27.2/20.5% YoY/QoQ), driven by stronger realisations (Rs 41,055/t, 30.9/8.6% YoY/QoQ). Volumes remained strong (3.97 mT, 3.4% YoY) as JSTL increased exports to 30% (from 26% in 2QFY18).

Jeevan Scientific Technology Ltd. is trading above its 30 day SMA of 42.0

Is Jeevan Scientific Technology Ltd. worth buying?

20 Votes:

Buy 60.0%

Sell 30.0%

Hold 10.0%