TV Narendran of Tata Steel discusses the steel industry in India, emphasizing the need for growth to outpace GDP, potential as a global exporter, and strategies to address import delays and visa issues from China while enhancing local production capabilities. He says: “Over a period of time, we would like to de-risk sourcing out of China.”
Big movers on D-Street: What should investors do with CEAT, ABFRL and Coforge?
Stocks that were in focus include names like CEAT, which fell 2.93%, Coforge, which was down 10.03%, and ABFRL, whose shares dropped 3.43% on Friday.
May 6, 2024