BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Deutsche Bank maintains sell on Steel Authority Of India
SAIL's Q1 earnings were better than expected but downside risks remain elevated. See significant downside on volumes. Expect recent rally in coking coal prices to hit SAIL earnings. It is the most expensive steel stock in our global steel coverage. We prefer JSW Steel over SAIL.