SAIL among other steel stocks rally up to 3% as India begins safeguard probe for steel imports
Shares of steel companies like Steel Authority of India (SAIL), Tata Steel, JSW Steel and Jindal Steel & Power rallied up to 3.2% on the BSE as India has initiated a probe into an alleged increase in imports of certain steel flat products into the country. This was followed by a complaint filed by the…
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JSW Steel shares jump 4% as Macquarie upgrades stock to overweight, hikes target price to Rs 1,077
JSW Steel shares surged 4% to its dayβs high of Rs 984.40 on BSE after the global brokerage firm Macquarie upgraded its rating to overweight and with a target price of Rs 1,077, citing a positive outlook for India’s metals sector. In addition to upgrading JSW Steelβs rating to outperform, Macquarie has also raised the…
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