Metals Stocks Outlook For The Week - 12 To 16.11.2018
The September quarter earnings of Tata Steel Ltd and Jindal Steel and Power Ltd will be in focus
next week. Tata Steel is set to see the best September quarter earnings among peers as benefits of integration of Bhushan Steel with the company will reflect in consolidated earnings. Jindal Steel and Power may report another quarter of losses as high raw material cost and lower realisations offset the impact of higher domestic sales. JSW Steel will also be in focus as the company is scheduled to address the media on Tuesday.
Source : Cogencis Information Services Ltd.
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The September quarter earnings of Tata Steel Ltd and Jindal Steel and Power Ltd will be in focus
next week. Tata Steel is set to see the best September quarter earnings among peers as benefits of integration of Bhushan Steel with the company will reflect in consolidated earnings. Jindal Steel and Power may report another quarter of losses as high raw material cost and lower realisations offset the impact of higher domestic sales. JSW Steel will also be in focus as the company is scheduled to address the media on Tuesday.
Source : Cogencis Information Services Ltd.
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