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Supply woes in China to keep steel prices elevated; India could see hike post monsoon: JPMorgan

Supply woes in China to keep steel prices elevated; India could see hike post monsoon: JPMorgan
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Pinakin Parekh , பினாகின் பரேக் ,

What JPMorgan's Pinakin Parekh Thinks About Oil Prices, Metals Rally

What JPMorgan's Pinakin Parekh Thinks About Oil Prices, Metals Rally
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

Pinakin Parekh , Bloombergquint Niraj Shah , Oil Prices May Remain High , Niraj Shah , பினாகின் பரேக் , நிராஜ் ஷா ,

tata steel: Tata Steel makes a new high on bourses after 14 years


Mumbai: Shares of
Tata Steel on Thursday hit record highs after nearly 14 years extending the recent bullish momentum driven by a resurgence in global metal prices. The company’s market value crossed Rs 1 lakh crore for the first time earlier this week as analysts said the stock has room to run up more in the near future.
The stock, which hit a record high of Rs 953.10 on Thursday, closed at Rs 922, up 5.4 per cent over the previous day. Its previous record was on October 29, 2007 when the price touched Rs 914. Since then, the stock has been an underperformer because of weak global metal prices. ....

Nitij Mangal , Pinakin Parekh , Sagar Sahu , Rajesh Palvia , Jp Morgan , Tata Steel , பினாகின் பரேக் , சாகர் சாஹு , ஜ்ப் மோர்கன் , டாடா எஃகு ,

Tata Steel's stellar Q3 show draws wows & cynicism both


Tata Steel’s stellar Q3 show draws wows & cynicism both
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NEW DELHI: Tata Steel said it returned to black in the December quarter, riding the price increases and operating efficiency, but not everyone on Dalal Street was convinced that the trend may sustain.
Analysts gave mixed reactions to the earnings, with some saying the stock is primed for another leg of the rally, while others said investors should start trimming their holdings in the stock.
Pinakin Parekh and Anukul Agrawal, analysts at JPMorgan, said the company’s numbers beat their estimates by a wide margin with net debt reduction. They maintained an ‘overweight’ stance and increased EPS estimates and price targets. ....

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