Steelmakers are poised for a profit increase in the fiscal first quarter, driven by rebounding domestic steel prices and lower coking coal costs, despite an anticipated sales volume decline. Conversely, non-ferrous metal producers face a challenging quarter with projected revenue and EBITDA declines due to weaker commodity prices and softer volumes.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
March 5, 2026