Best steel stocks to buy: JSW Steel, SAIL - Why Aditya Birla Capital is betting on capacity growth and margin recovery

Aditya Birla Capital sees a durable upcycle for Indian steel, driven by tightening supply, resilient demand and trade protection. It rates JSW Steel and SAIL Buy, and assigns Add to Tata Steel and Jindal Steel. It also initiates Positive coverage of ArcelorMittal.

Oct 27, 2026 - 11:00
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Best steel stocks to buy: JSW Steel, SAIL - Why Aditya Birla Capital is betting on capacity growth and margin recovery
Aditya Birla Capital sees a durable upcycle for Indian steel, driven by tightening supply, resilient demand and trade protection. It rates JSW Steel and SAIL Buy, and assigns Add to Tata Steel and Jindal Steel. It also initiates Positive coverage of ArcelorMittal.

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