Buy 3 Metal Sector stocks Including 2 Multibagger Stocks For Gains Up To
46%, Says ICICI Securities
– ICICI Securities, Shyam Metalics & manufacturing Energy Limited, the brokerage has a dominant presence in, power, and infrastructure sectors.
The brokerage is a mid-cap sector company.
The brokerage is a to the steel stock, mining and the current, the last year, is on the, and a of to the stock stock with 3 key pick in the the stock, the.
According to the..ICICI Securities in the, HRC,.
Shyam Metalics is a leading integrated metal-producing company based in India mainly steel Industry in West Bengal and the steel industry in Odisha with a focus on Long Steel Products and Ferro Alloys.
It is a small-cap metal sector having a market capitalisation of Rs 7,426.67 crore.
Shyam Metalics is a key pick for investments by ICICI Securities, suggesting "buy" for a target price of Rs 425/share.
3.APL Apollo Tubes Limited
APL Apollo Tubes Limited is India's top producer of structural steel tubes, with an annual production capacity of 2.6 million tonnes.
It is a mid cap metal sector company with a market capitalisation of Rs 27,908.78 crore.
ICICI Securities maintains its positive outlook on APL Apollo, suggesting a buy with a target price of Rs 1,225/share.
It claims a potential return of up to 10% if the stock is purchased at the current market price.
The stocks have been picked from the brokerage report of ICICI Securities.
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By Shubham Kumar Goodreturns