Centrum Downgrades SAIL to 'Sell' Citing Limited Upside Despite Strong Earnings

Centrum Downgrades SAIL to ‘Sell’ Citing Limited Upside Despite Strong Earnings

Market Analysis and Downgrade Brokerage firm Centrum has downgraded the Steel Authority of India Ltd (SAIL) stock from ‘Neutral’ to ‘Sell,’ despite a robust performance in the fourth quarter of FY26. While the company exceeded analyst expectations for EBITDA, Centrum maintains that the stock faces a potential 17 percent downside from its closing price of…

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