BusinessNuvama Favors Coal India, Tata Steel Ahead of Q2 Results; Jindal Steel Seen Underperforming
Nuvama expects mixed Q2 FY27 results for metal stocks. Coal India and Tata Steel are favored due to strong prospects, while Jindal Steel is likely to underperform. Steel companies face declining EBITDA per tonne because of rising costs and lower realizations. Coal India is projected to achieve 22% year-on-year EBITDA growth in the quarter.
Mint Markets·




