Thursday, 20 November 2008

Buy Jyoti Structures: IIFL

Jyoti Structures remains IIFL's top pick among all the power T&D beneficiaries. The research firm recommends a buy rating on the stock. "Analysis of the current business mix for the various companies focussing on the power T&D segment indicates that Jyoti Structures and Kalpataru Power would be the biggest beneficiaries from a pick-up in award activity. Both these companies derive 85% of their revenues or order book from the domestic T&D space. Jyoti Structures remains our top pick among all the power T&D beneficiaries," says IIFL's research report

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Source: Moneycontrol

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