Jindal Saw - 72x ROI possible in Next 15 Years.

Jindal Saw - 72x ROI possible in Next 15 Years.

Jindal SAW is the market leader capacity wise in manufacturing of large diameter Submerged Arc Welded (SAW) Pipes with Major Clientele: ONGC, Oil India, GE, Thermax, Godrej, SKF, Petrofac, L&T etc.

Company has delivered good profit growth of 26.7% CAGR over last 5 years. Also they have reduced the debt significantly with FII & DII holdings increasing YoY.

Considering CAGR rate of 33 makes the Price Target of 46000+ easily possible in Next 15 Years.

LTP - 650

Targets - 46000+

Timeframe - 12-15 Years.

Happy Investing.
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