National Steel

National Steel is performing very well with huge turnover and is expected to report at least 50% higher profits than last year. the expansion was completed...n the results of which shld be seen frm the current quarters.....the stocks has beeen hammered frm 28 to 20 levels during the midcap correction.....the worst is over according to me in the steel sector...dont see more softing of steel prices.....The Ruchi Group is also planning to form a FLAGSHIP COMPANY of the Group and a likely merger of Ruch Industries and National Steel is likely which will be beneficial for National Steel shareholders....a multibagger according to me if held for 12-18 months