Tuesday, September 17, 2013

Reuters: Money News: JP Morgan upgrades JSW Steel, citing weaker rupee, margin expansion

Reuters: Money News
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JP Morgan upgrades JSW Steel, citing weaker rupee, margin expansion
Sep 18th 2013, 05:24

Reuters Market Eye - J.P. Morgan upgrades JSW Steel Ltd to "overweight" from "neutral" and raises its target price to 850 rupees from 720, citing rupee boost to export earnings followed by margin expansion from new projects.

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