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    HomeNewsBusinessMoneycontrol ResearchSlowdown in steel industry raises possibility of earnings downgrades, lower valuations

    Slowdown in steel industry raises possibility of earnings downgrades, lower valuations

    India’s three largest steel players are trading at 6-8 times their estimated EV/EBITDA for FY20, which is a bit on the higher side in light of the expected cut in earnings

    Jitendra Kumar Gupta
    July 19, 2019 / 14:57 IST
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More