|
01 Mar 2024
|
Metal and Mining
|
BOB Capital Markets Ltd.
|
|
|
|
|
Sector Update
|
|
|
We interpret the BHP outlook to mean continuing improvement in China's steel demand-supply balance through CY24
|
|
29 Feb 2024
|
Metal and Mining
|
Trendlyne Analysis
|
|
|
|
|
Sector Update
|
|
|
Most steel manufacturing firms reported a capacity utilisation of 95% and above for Q3FY24, with sales volume exceeding 85% of capacity for many. The combination of high utilisation levels and increased consumption has led several manufacturers to invest in capex to expand production.
|
|
28 Feb 2024
|
Metal and Mining
|
Prabhudas Lilladhar
|
|
|
|
|
Sector Update
|
|
|
|
|
28 Feb 2024
|
Metal and Mining
|
Prabhudas Lilladhar
|
|
|
|
|
Sector Update
|
|
|
|
|
23 Feb 2024
|
Metal and Mining
|
Axis Direct
|
|
|
|
|
Sector Update
|
|
|
Top Sector Ideas - Metals and Mining Q3FY24
|
|
21 Feb 2024
|
Metal and Mining
|
Prabhudas Lilladhar
|
|
|
|
|
Sector Update
|
|
|
|
|
14 Feb 2024
|
Metal and Mining
|
Prabhudas Lilladhar
|
|
|
|
|
Sector Update
|
|
|
|
|
12 Feb 2024
|
Metal and Mining
|
BOB Capital Markets Ltd.
|
|
|
|
|
Sector Update
|
|
|
LICI: Solid quarter; valuations overdone cut to HOLD. ALKEM: Good quarter; cut to SELL on stretched valuations. Monthly Chartbook: Fiscal consolidation to hold key. PWGR: In-line quarter, FY25 capex hiked; maintain BUY. TATACONS: Strong run continues. DIVI: Healthy margin recovery, heady valuations. TPW: Dull quarter; high valuations maintain HOLD. ESCORTS: Weakness persists - maintain SELL. TRCL: Tepid quarter, high capex overhang retain SELL. Metals & Mining: Ferrous read-across: Steel recovery in CY24 - ArcelorMittal
|
|
01 Feb 2024
|
Metal and Mining
|
BOB Capital Markets Ltd.
|
|
|
|
|
Sector Update
|
|
|
MSIL: Healthy all-round performance raise to BUY. DRRD: Buoyant US sales drive performance. VOLT: UCP improving, Qatar business a dampener. DIXON: Mobile business dials up growth; maintain BUY. KJC: Soft demand, intense competition mar quarter. BLSTR: Purple patch continues; maintain BUY. KECI: Pipeline robust, margin improvement delayed. ABSLAMC: Double-digit growth but market share bleed continues. Metals & Mining: Jindal Stainless: Management meet takeaways
|
|
17 Jan 2024
|
Metal and Mining
|
Prabhudas Lilladhar
|
|
|
|
|
Sector Update
|
|
|
|