Armed with a major takeover, this steelmaker can now accelerate the compounding machine into higher gears Share Synopsis Analysts believe the company is just shifting into higher gears and the stock might become a ‘compounding machine’ in the coming years. Agencies Related NSE Explore Now MUMBAI: Over the past 12 months, there has been much talk among investors about the eye-popping returns delivered by Tata Steel and Steel Authority of India (SAIL). Both the stocks have nearly tripled investor wealth during this period. Around the same time, another heavyweight of the steel sector was quietly delivering near-similar returns. Shares of JSW Steel from the House of Jindals have risen over 180 per cent in the past 12 months. Analysts believe the company is just shifting into higher gears and the stock might become a ‘compounding machine’ in the coming years.