Metals Sector
Nifty Metal index falls over 8% in one month amid US-Iran war; Analysts recommend buy-on-dips in metals stocks
Nifty Metal has dropped 8.53% in the past month due to global risk factors and profit-taking. Axis Securities maintains a positive outlook, suggesting a 'Buy on Dips' strategy as supply limitations and domestic demand support the sector despite current valuations.
3 min read26 Mar 2026Prabhudas Lilladher initiates coverage on metals and mining sector; recommends a 'buy' rating on five stocks
Indian steel consumption is expected to grow by 9% to 142 million tonnes over FY23-25E, driven by infrastructure development, recovering automobile industry volumes, rising urbanization, and increasing private capex utilization.
6 min read2 Sep 2023Prabhudas Lilladher initiates coverage on metals and mining sector; recommends a 'buy' rating on five stocks
Indian steel consumption is expected to grow by 9% to 142 million tonnes over FY23-25E, driven by infrastructure development, recovering automobile industry volumes, rising urbanization, and increasing private capex utilization.
6 min read2 Sep 2023Wait for it…
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