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Wait for better entry points in metal stocks, JSW Steel and Hindalco top picks: Axis Securities
Aditya Welekar, Senior Research Analyst- Metals, Axis Securities, ranked JSW Steel as his preferred ferrous stock and Hindalco as the top non-ferrous pick. The brokerage also expects aluminium prices to remain around $3,000 per tonne in FY27 and continues to recommend APL Apollo Tubes with a target price of ₹2,250.
Dynamic Cables Ltd leads losers in 'B' group
Premco Global Ltd, Spandana Sphoorty Financial Ltd Partly Paidup, Digicontent Ltd and Sambhv Steel Tubes Ltd are among the other losers in the BSE's 'B' group today, 12 May 2026.

Q4 Results Today: Blue Dart, Utkarsh Small Finance Bank, D-Link Among 30+ Firms To Declare Earnings
Sambhv Steel Tubes, Birla Corporation and Medi Assist Healthcare Services are among the key names that will declare their quarterly earnings on May 9.
Nifty Metal gains 3%; Tata Steel, JSW, LloydsME jump up to 7%: Here's why
Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each