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Tuesday, 20 June 2017

Big Breaking News:

JYOTI STRUCTURE LTD

JSL is 2nd biggest Transmission tower mfr in India. Co had debt of 5000 crores and has come under IBC for referring to NCLT
Last year, KEC had shown interest to acquire JSL. However promoter didnt agree to sell out to its competitor.
Now IBC is proving big shot in the arm for acquiring JSL.

As per our most reliable source, KEC will offer to acquire JSL @ 18 per share to lenders. It will be win win situation for all

KEC will not only emerge sort of oligopoly player in transmission tower industry but merger will provide HUGE HUGE tax savings due to JSL carry forward losses
Current mktcap of JSL is 115 crores. JSL usedto be highly profitable co 5-6 years back with NP of 60-70 cr and can achieve 5000 cr topline on optimum level

*JSL can double in 2-3 months*

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