Large, Mid, Small Cap Stocks From Ferrous Sector Get Buy, Neutral, Sell Call: Top Brokerages

Leading brokerages Motilal Oswal and ICICI Securities have assigned buy, add, and neutral call to 5 stocks. These stocks are APL Apollo Tubes Ltd (Buy), JSW Steel (Sell), Shyam Metalics and Energy (Buy), and Tata Steel (Neutral Rs 95). If you buy these stocks now, you will get maximum 36% return. Check key details below:

1. Buy Shyam Metalics and Energy

ICICI Securities has given buy rating to Shyam Metalics and Energy with a target price of Rs 425 apiece. The last trading price of the stock is Rs 313 apiece with an intraday gain of 2%. If you buy Shyam Metalics, you will get 36% return.

The stock's 52-week high is Rs 385 apiece and 52-week low is Rs 273 apiece, respectively. The company has a market capitalisation of Rs 7996 crore. The stock has given return of 10% in last 3-months and declined 8% in last 1-year. The small cap stock was incorporated in 2002.

2. Buy APL Apollo Tubes Ltd

ICICI Securities has assigned buy call to APL Apollo with a target price of Rs 1225 apiece. The current market price of the stock is Rs 1093 apiece.

If you buy the stock now, you will get 12% upside. The stock's 52-week high is Rs 1193 apiece and 52-week low is Rs 771 apiece, respectively.

The mid cap company has a market capitalisation of Rs 30,312 crore. The stock has given return of 494% in last 3-years and 450% in last 5-years. In last 1-year, the shares have rallied 9%.

3. Tata Steel

Motilal Oswal has assigned neutral rating for Tata Steel stock with a target price of Rs 95 apiece. The current market price of the stock is Rs 112 apiece with an intraday gain of 0.81%.

The stock's 52-week high is Rs 138 apiece and 52-week low is Rs 82 apiece, respectively. The large cap company has a market capitalisation of Rs 1,37,657.26 crore. The stock has given 137% return in last 3-years and 53% return in last 5-years.

The shares have surged 13% in last 3-months and 10% in last 1-week.

4. Sell JSW Steel

ICICI Securities has assigned sell call to JSW Steel. The current market price of JSW Steel is Rs 768 apiece with 52-week high at Rs 789 apiece and 52-week low at Rs 520 apiece, respectively.

The large cap company has a market capitalisation of Rs 1,85,618.36 crore. The stock has given 184% return in last 5 years and 183% return in last 3-years.

The stock has surged 19% in last 1-year and 21% in last 3-months.

Disclaimer

The stocks have been picked from the brokerage reports of ICICI Securities and Motilal Oswal. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.