GENERAL18 Sept 2026
Metal stocks to buy: Tata Steel, JSW Steel among Motilal Oswal’s top picks, up to 17% upside | Check target price | Stock Market News
Motilal Oswal has named Tata Steel and JSW Steel as its top metal stock picks, keeping 'Buy' ratings on Jindal Steel and SAIL too. Target prices suggest up to 17% upside. Steel prices stayed firm in the second quarter despite weak seasonal demand, and the report sees another ₹1,000-1,500 per tonne rise ahead. If you hold metal stocks, treat these as research views, not guarantees.
Key Statutory Highlights
- Motilal Oswal named Tata Steel and JSW Steel as its top metal stock picks, with 'Buy' ratings also on Jindal Steel and SAIL.
- It set a target price of ₹220 for Tata Steel, ₹1,340 for JSW Steel, ₹1,200 for Jindal Steel and ₹195 for SAIL.
- Steel prices stayed firm in the second quarter of FY 2026-27 despite seasonal demand weakness, helped by lean channel inventories and maintenance-led supply constraints.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy these metal stocks, please treat the brokerage report as one view among many, check it against your own goals and risk comfort, and speak to a certified financial adviser before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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