“Net-net, the price has gone up from the last three years but gradually. We do not want it to go too high, but at the same time we have to see that the bottom line is protected. We are very careful on overheads but there are expenses that need to be also looked at.”
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The
September 18, 2026