Morgan Stanley has an overweight rating on JSW Steel with the target price at Rs 1,300. Analysts said that along with JFE's technological expertise, JSW is looking to leverage its project execution capabilities to participate in multi-decade growth opportunities. Under a new pact between JFE and JSW, JFE will invest about Rs 15,800 crore in two tranches for a 50% stake in a new entity BPSL), implying Rs 31,500 crore equity value for the new entity. JSW Steel will receive Rs 24,500 crore in cash for slump sale of its stake. JSW will also get Rs 7,900 crore through equity dilution on back of a share swap agreement with the promoter company that owns 17% of BPSL. HSBC has initiated its coverage of Tata Consumer Products with the target price at Rs 1,340. Analysts believe that the Tata Gro

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