Stock market analysts are of the view that investors can buy Jayaswal Neco Industries Ltd stock to achieve an intraday target between Rs 26-27.

According to them, investors can buy the stock with a strict stop loss of Rs 23.

Shares of the company, on Monday (Nov 16), closed at Rs 24.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 27.60 and a low of Rs 7.00 on BSE.

NECO is one of the biggest Iron and Steel & Ferrous and Non Ferrous Casting producer, having an installed ability to create 1 million TPA of Iron and Steel & over 175,000 TPA of Ferrous and Non Ferrous Castings.
 
NECO has one of the biggest ISO 9001-2000 licensed foundry and the highest generative blast furnace.
 
The casting so made and formed in house on the most modern CNC machines are supplied throughout the world to different industries such as automobiles, earth moving, agriculture equipments, building and railways.