Metal stocks up 22% from Mar lows; Analyst sees up to 18% upside in these 3
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Metals and mining stocks have surged up to 22% from March 2026 lows, with Lloyds Metals & Energy and National Aluminium leading gains. The Nifty Metal index rose 8%, while the Nifty 50 increased by 2%. Analysts predict further upside, with Jindal Steel, National Aluminium, and NMDC expected to rise up to 18%. The ferrous sector is anticipated to outperform in Q4 due to rising steel prices and strong infrastructure spending in India. Ongoing disruptions in the Middle East have also affected global aluminium supply, contributing to price increases.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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