Equities. Commodities. Metals & Mining

Rahul Jain

More than 20 years experience in covering in Indian metals and mining sector as a sell side analyst. Focus on global commodity trends and actionable ideas. Have deep sectoral understanding and corporate connects. Have had several mine, plant visits and have engaged with 100s of buyside fund managers and analysts across the globe.

Equity Bottom-Up

<ul>
<li>Strong focus on capacity enhancement. Increasing steelmaking capacity by 65% over the next 3 years to 15.9mt.</li>
<li>Recent margin dip provides attractive entry point. Promoters/insiders have bought into recent decline in stock price</li>
<li>Attractive long-term play on rising domestic steel demand. Low debt levels at &lt;1.4x EBITDA allows for steady capacity addition. </li>
</ul>


Strong focus on capacity enhancement. Increasing steelmaking capacity by 65% over the next 3 years to 15.9mt.
Recent margin dip provides attractive entry point. Promoters/insiders have bought into recent decline in stock price
Attractive long-term play on rising domestic steel demand. Low debt levels at &lt;1.4x EBITDA allows for steady capacity addition. 


Jindal Steel & Power (JSP IN) - Cyclical Downturn Provides Attractive Entry Point