India Steel Sector Check - RoCE Print To Favour JSW Steel, Tata Steel Scores In Deleveraging: ICICI Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Over the years, Annual Report Analysis for commodity sector companies has been losing its relevance in the investment community as-majority of annual report information is backward looking (also on account of improving disclosures on the part of corporates) and/or doesn’t help in investment decisions,limited shelf life andnature of sector– underlying volatile commodity movements virtually sidestepping operational improvements. Ways of improving relevance in our view include:contrast multiple participants (for analysts) andamended disclosures in annual report with more relevant information augmenting investment decision and reducing flap wherever possible – ageing of capital work in progress has been a welcome addition. We look at FY22 annual reports of Tata Steel Ltd. and JSW Steel Ltd. with such a lens..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

India Steel Sector Check - RoCE Print To Favour JSW Steel, Tata Steel Scores In Deleveraging: ICICI Securities

India Steel Sector Check - RoCE Print To Favour JSW Steel, Tata Steel Scores In Deleveraging: ICICI Securities

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