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VERIFIEDET Stocks·positive
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
AI Summary
- ·Motilal Oswal anticipates firm steel prices, low inventories, and steady demand to drive earnings growth for domestic steelmakers.
- ·The brokerage forecasts improved realisations for steel companies.
- ·JSW Steel and Tata Steel are identified as preferred stocks due to their cost advantages and raw material access.