Nifty metal hits new high after Jefferies turns positive, upgrades Tata Steel, Hindalco

We find the landscape flipped now with China policies turning supportive and the big earnings cut for Tata Steel and Hindalco behind. We believe a sequential improvement in quarterly EBITDA trend for Tata Steel and Hindalco in 2023 will help drive stock performance, Jefferies said.

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Nifty metal hits new high after Jefferies turns positive, upgrades Tata Steel, Hindalco

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Nifty metal hits new high after Jefferies turns positive, upgrades Tata Steel, Hindalco

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