Axis Securities turns bullish on SAIL, upgrades to ‘buy’ with Rs 130 target
With the steel spreads bottoming out, domestic brokerage firm Axis Securities sees the risk-reward for SAIL to be favorable, as it upgraded the stock to a ‘buy’ rating from ‘hold’ previously, while giving a target price of Rs 130. “With the steel spreads bottoming out, we foresee the risk-reward turning lucrative for SAIL. SAIL is … Read more