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Metals Q4 Results Preview: Tariffs To Test Sector’s Mettle, Says ICICI Securities, APL Apollo Among Top Picks
For Q4 FY25, ICICI Securities believes that four stocks are likely to be in focus with better earnings growth compared to peers on margin revival.
09 Apr 2025, 03:43 PM IST 
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For Q4 FY25, ICICI Securities believes that four stocks are likely to be in focus with better earnings growth compared to peers on margin revival.
(Photo Source: Ant-Rozetsky/ Unsplash)
Investors are looking beyond Q4 FY25, as tariffs take the limelight. ICICI Securities believe, companies with business models focused on the local market – Shyam Metalics, APL Apollo and JSW Steel – should fare better. While its medium-term view on non-ferrous is positive, the stocks may relatively fall short – owing to their higher linkage to the global trade and LME prices.
