Vijay told CNBC-TV18, "Between SAIL and Tata Steel, Tata Steel is much better because it's got a lower cost of production. It's much better backward integrated as we know and the expansions are going on and Corus is getting leaner and meaner and hungrier. So we might like JLR is giving some traction to Tata Motors. At some point we may get Corus. So the institutional brokerages are thinking a bit ahead and saying that if the commodities are going to come back in this bull market, Tata Steel must be one of the obvious beneficiaries."
He further added, "So a bit more optimistic on Tata Steel as compared to SAIL though I feel that the big gains this year are going to be made in tracking those companies which are going to benefit from lower interest rates."
