HR JSW

Citigroup on JSW STEEL Citigroup has maintained its �sell� rating on JSW Steel while cutting its target price to Rs 185 from Rs 190. �We are revising our estimates to account for lower raw material prices, domestic realisation, revised volumes and capex, and weaker performance by the US subsidiary,� the investment bank said in a report. �The benefit of lower raw material prices is largely offset by weaker prices,� it said. �We expect total net debtequity ratio by March 2009 to be approximatel