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Last Updated Last Updated : Jul 19, 2019 02:57 PM IST | Source: Moneycontrol.com

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

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