Input costs were a key driver of steel prices, while iron ore prices should remain under pressure given weak fundamentals, according to Jefferies report.
The flagship company of USD 9 billion JSW Group, JSW Steel is one of the country's leading integrated steel manufacturers with a capacity of 18 million tonnes per annum.
Sandeep Wagle of powermywealth.com is of the view that one may buy JSW Steel and Jet Airways.
The recovery in steel demand in 2017, is on the back of a recovery in construction, infrastructure, and real estate, said Seshagiri Rao, Joint MD & Group CFO, JSW Steel.
Rahul Shah of Motilal Oswal is of the view that one may go long in JSW Steel, HDFC and Maruti Suzuki.
Pankaj Jain of SW Capital is of the view that Tata Steel looks strong for target price of Rs 560 in next couple of months.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, JSW Steel and Bajaj Finance.
CLSA said a confluence of positive factors should drive a rerating of Indian steel stocks.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Forge, NHPC and Caplin Point and has a sell on Ramco Cement below Rs 670.
Brokerage firm cites better prospects for the firm based on improving pricing and demand-supply scenario for the industry going forward.
Ashish Kyal of wavesstrategy.com is of the view that one can buy BEML with a target of Rs 1310 and Bharat Forge with a target of Rs 1265.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell JSW Steel and can buy Dewan Housing Finance, Mindtree and Uflex.
Rahul Shah, Associate VP of Motilal Oswal is of the view that one may short Biocon and buy Dewan Housing Finance and JSW Steel.
ICICI Direct is bullish on JSW Steel has recommended buy rating on the stock with a target price of Rs 215 in its research report dated May 19, 2017.
HDFC Securities is bullish on JSW Steel has recommended buy rating on the stock with a target price of Rs 225 in its research report dated May 18, 2017.
Motilal Oswal is bullish on JSW Steel has recommended buy rating on the stock with a target price of Rs 241 in its research report dated May 17, 2017.
Ashwani Gujral of ashwanigujral.com suggests selling CESC, JSW Steel and Raymond.
Hindustan Unilever and JSW Steel are on the radar of investors today
Reliance Infrastructure | Capital First | Dabur India | PVR | HUL | Stocks in News | Jumbo Bag | Hind Copper | Jindal Poly | La Opala and Healthcare Global Enterprise are stocks, which are in news today.
Ashwani Gujral of ashwanigujral.com is of the view that one can hold Tata Steel and buy Indiabulls Housing and Ashok Leyland.
Sandeep Wagle of powermywealth.com suggests buying JSW Steel, Tata Consultancy Services and NCC.
Call writes are continuously unwinding and shifting their short positions to higher strikes.
Tata Steel | Golden Tobacco | JSW Steel | Edelweiss | Emami Paper | Shree Cement | Dishman Pharma | IRB Infra | Lupin | Umang Dairies | Future Enterprise | Ganesh Ecosphere and Capital First are stocks, which are in news today.
VK Sharma of HDFC Securities advises buying Steel Authority of India (SAIL) 62.5 Call at Rs 1.5.
According to Ashwani Gujral of ashwanigujral.com, one can buy Mahindra & Mahindra Financial Services, Sun TV and JSW Steel.