InCred Upgrades Tata Steel and SAIL, Raises Price Targets

InCred Equities, a financial firm, believes two Indian steel companies, Tata Steel and SAIL, have a good chance to increase in value.

They think Tata Steel will benefit from a recovering European market and strong demand in India.

SAIL is seen as stable because of its raw material advantage and government protection.

They are less positive about JSW Steel, whose current value seems too high.

InCred suggests that Tata Steel and SAIL stocks may increase, potentially offering a good investment opportunity.