What makes BPCL the most upgraded Nifty stock in Dec quarter
As of January 1, among 34 analysts tracking BPCL on Moneycontrol's Analysts Tracker, 'Buy' calls rose to 25 from 21 previously, while 'Hold' calls decreased to 4 from 8
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As of January 1, among 34 analysts tracking BPCL on Moneycontrol's Analysts Tracker, 'Buy' calls rose to 25 from 21 previously, while 'Hold' calls decreased to 4 from 8
In the last one year, Hindalco Industries surged 24 percent, JSW Steel advanced 23 percent while Tata Steel jumped nearly 29 percent. In the last one month both Hindalco and Tata Steel rose around 7 percent each while JSW Steel remained flat.
There appears to be anticipation that China’s measures and fall in coking coal costs will improve demand for steel, although there is no evidence yet at ground level.
According to the data from Moneycontrol's July analyst call tracker, several companies have seen significant downgrades by brokerages over the past month.
On the positive side, companies in the metals, pharma, and consumer space have received upgrades.