The profit pool in India’s steel industry should incrementally move towards miners (iron ore/coking coal) from ‘converters’ as steel capacity addition picks up pace, said CLSA.
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its