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.
Disclaimer
The stocks have been picked from the brokerage report of ICICI Securities.
Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article.
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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt