What’s there in store for metal stocks? Amnish Aggarwal explains

May 29, 2025

Amnish Aggarwal of Prabhudas Lilladher notes that metal stocks have rallied due to raw material price benefits, not volume growth. While safeguard duties offer price support, future returns may be moderate. MNC stake dilutions in Indian ventures are driven by valuation differences and commitment levels, with reductions below 51% potentially signaling reduced interest.

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