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    Will they shine again? 4 metal stocks can deliver up to 29% returns, say analysts

    Synopsis

    The focus of analysts is back on metal stocks. Unlike 2021 and early 2022 when the outlook was bullish across the board. This time around it is not secularly bullish. It is a select group of stocks which are getting attention, companies either with large capacity, fully integrated or in any area where they are literally monopolies. For the purpose of this report, where the average stock report plus score is a minimum of 6. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

    While the second half of FY 23 had seen a softening of commodity prices across the world. The opening up of China was expected to bring some upswing in metal prices, while that has still not happened, but in the last few weeks, there have been reports which suggest China is once again trying to give a flip to its real estate market to push growth. Now it is anyone's guess whether this move to push growth will work or not. But if it works, then
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    The Economic Times