ICICIdirect.com has come out with its report on metal space. The research firm has maintained a 'Buy' rating on Tata Steel with a revised target price of Rs 321 however, maintained a 'Hold' rating on SAIL and JSW Steel with a revised target prices of Rs 52 and Rs 640, respectively.
Angel Broking has come out with its report on metal sector. According to the research firm, prices are expected to improve in FY2015 as announced production cuts restore demand-supply mismatch in the industry. Top picks in the sector are NMDC, Hindustan Zinc and Tata Steel, Angel added.
Angel Broking has come out with its report on metal sector. According to the research firm, iron ore prices are expected to decline as significant newer capacities by global iron ore giants such as BHP Billiton, Rio Tinto and Vale hit the sea-borne markets.
Emkay Global Financial Services has come out with its report on metal sector. The research firm believes that metals prices to remain relatively stable in the near term and would broadly depend on the Chinese economic recovery.
Emkay Global Financial Services has come out with its report on metal sector. According to the research firm metal sector as a whole to remain volatile with subdued sentiment likely to prevail in steel.
Angel Broking has come out with its report on metal sector. The research firm says in 1QFY2013, among the steel companies, Tata Steel reported a 23.1% fall in operating profits due to higher labor and power costs. SAIL reported a healthy 15.1% increase in operating performance due to lower raw material costs.
Nirmal Bang has come out with its report on metal sector. The research firm retains negative view on the sector while maintain buy rating on Hindustan Zinc.
Emkay Global Financial Services has come out with its report on metal sector. According to the research firm price fall continued in ferrous and non- ferrous metals during the last fortnight ending June 1.
Emkay Global Financial Services has come out with its report on metal sector.
Angel Broking has come with its quarterly earning estimates on metal sector for March 2012. The research firm expects, non-ferrous companies to register a dip in their top line on a yoy basis, owing to the decline in LME prices.
Emkay Global Financial Services has come out with its report on metal sector.
PINC Research has come out with its report on metal sector. Anglo American has settled a coking coal contract for Q4FY12 with Posco at USD235/t FOB Australia and a low-volatile PCI coal contract at USD171/t.
Angel Broking has come out with its review on metal sector. According to the research firm Tata Steel, Hindalco, Hindustan Zinc and NMDC are top picks in metal sector.