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BQ Edge: Go India Advisors’ Rakesh Arora On Metal Stocks, Valuing Steelmakers
Go India Advisors’ Rakesh Arora on how to value steelmakers, and top picks among steel and aluminium sectors.
20 Jul 2021, 09:42 AM IST
The street underestimates demand for steel. Coupled with capacity constraints, that would help steelmakers report stable earnings in FY22 and prompt an upgrade for FY23, according to commodities market veteran Rakesh Arora.China is still the biggest determining factor but people shouldn’t read too much into demand for industrial metals originating from the U.S. stimulus plan, the managing partner at Go India Advisors told Niraj Shah ...
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