*Resolution Next Month: TP Rs 22-25*

JYOTI STRUCTURES LTD

NCLT has already received bids for JSL.
KEC International ( biggest in transmission tower) most keen to acquire JSL which provides 2 big bang advantage:

1) 1400 Cr carry forward losses of JSL will provide biggest tax cushion to KEC. KEC may not have to pay income tax for next 5-6 years

2) Acquisition of JSL will further consolidate transmission tower industry and KEC will become undisputed king with Kalpataru far behind

As per our sources JSL shareholders can get *open offer @ Rs 25*

Hence, investors can gain nearly 100% from current mkt price