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Metal stocks looking stretched: Angel Broking


The rally in metal stocks may have stretched too far, says Bhavesh Chauhan of Angel Broking. He recommends a hold on stocks like SAIL and JSW, which he says have already gained substantially on improving fundamentals. He, however, retains a buy on Tata Steel & NMDC.

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  • BSE
Company Price (Rs.) CHG %
RALLIS 180.20 8.36%
MOTHERSUMI 263.65 5.14%
BATAINDIA 1,094.85 3.72%
EICHERMOT 6,285.90 3.61%
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