From
the trade war launched by the US, the supply of metal prices has been
continuously supported by the lack of supply in the global market. Over
the last few months, due to supply concerns, strikes in the copper mine,
automobile, electric vehicle and the demand for batteries have also led to a
rise in metal prices. Domestic metal companies are getting the advantage
of this fast. Experts say that the metal is expected to continue this fast
for the next 3 to 4 months. Can be invested in those stocks which are also
cheap in this speed. Advice to stay away from expensive stocks Hindustan
Zinc, Vedanta, Nalco and Coal India can get good returns ...
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| Best Stock Advisory |
In
the past one year , up till 116%, the stock of the last one
year, the Nifty Metal Index has gained 27% and the stock has increased up to
116%. During this period, Jindal Steel was up 116 per cent, Wellsport
Corporation Limited 63 per cent, JSW Steel 66 per cent, APL Apollo Tube Ltd 43
per cent, Tata Steel 37 per cent. On the other hand, shares of Hindalco,
SAIL, Nalco, Hindustan Zinc, Vedanta, Hindustan Copper and MOIL have risen from
11% to 29%.
Ajay
Kedia, director of the Board of Directors Ajay Kedia, said that the speed at
which the US started the trade war on metal, has reduced the supply of aluminum
and nickel in particular in the global market. At the same time, there
were strikes in some copper mines in the past, which led to increased demand in
the market. On the other hand, demand for lead and aluminum prices has
increased due to rising demand for automobile, electric vehicles and battery,
such as rising industrial demand. They say that except for zinc, almost
all metal prices are fast. It is expected to last even for at least 3
months.
Domestic demand will increase
Metal
prices are at the top of the last several years. At the same level, both
the domestic and international levels are looking at the sector's
outlook. Better data is coming in the US and Europe. At the same
time, China and India are also engaged in boosting the economy, which will
increase the demand. Sandeep Jain, the research head of Trade Swift, says
the government's focus at the domestic level is on Infra and
Housing. Automobile sector numbers are coming up well. Demand of the
metal from all these sectors will be fast. Metz's composition will also
increase in India in coming days.
What stocks invest in .....
Hindustan Zinc
Hindustan
Zinc is the world's second largest zinc producer company. The company is
in the plan to expand its Mines Metal Capacity. The advantage of growing
the capacitance will look forward. The company has strong
reserves. The company's growth is good and has shown good results in the
fourth quarter. Brokerage house idelvis has paid Rs. 395 for shares and
brokerage house ICICI Direct has set a target of Rs. 350 for the
stock. For the current price of 296 rupees, the share can get 33 per cent
return.
Hindalco
Hindalco is the world's largest aluminum rolling company. At the same time, the production of primary aluminum is included in the big companies of Asia. Experts say that Hindalco will get the benefit of aluminum prices. Ajay Kedia has given a target of Rs. 290 for the stock. For current price of 240 rupees, the share can get 21 percent returns
Hindalco is the world's largest aluminum rolling company. At the same time, the production of primary aluminum is included in the big companies of Asia. Experts say that Hindalco will get the benefit of aluminum prices. Ajay Kedia has given a target of Rs. 290 for the stock. For current price of 240 rupees, the share can get 21 percent returns
NALCO
Ajay Kedia has advised to invest in National Aluminum Set a target of 100 rupees for the stock. For the current price of 76 rupees, it can get 32 percent returns. NALCO is the second largest aluminum company. The company's growth is better. The growth of the company has been more than 27 per cent. The company will get the benefit of aluminum demand and price increases.
Ajay Kedia has advised to invest in National Aluminum Set a target of 100 rupees for the stock. For the current price of 76 rupees, it can get 32 percent returns. NALCO is the second largest aluminum company. The company's growth is better. The growth of the company has been more than 27 per cent. The company will get the benefit of aluminum demand and price increases.
Coal India
Coal
India's Dispatch Growth Strength At the same time, production has
increased by 6% on an annual basis. The company has had the advantage of
growing domestic demand. The company hopes that further demand will
further accelerate. The company will also benefit from the demand for
electricity. In the stock of Coal India, brokerage house JM Financial has
advised investment with a target of 350 rupees. For the current price of
Rs 268, the share can get 31% returns.
This SHARE MARKET UPDATES has taken from MoneyBhaskar.com through this link:- The strong demand will remain in the metal, these shares will get up to 33%
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