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Earnings

Strong pricing trends to boost metal sector earnings in Q3FY21

Updated : January 11, 2021 09:05 PM IST

Motilal Oswal expects margins for SAIL and Tata Steel to increase by a higher amount given their integrated operations.
A strong recovery in LME base metals prices which was seen in Q2FY21 continued in the third quarter. This may improve profitability in the Non-Ferrous segment.
Strong pricing trends to boost metal sector earnings in Q3FY21

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