Nuvama downgrades SAIL to ‘Reduce’ on weak steel margins, rising debt (Soban News)

Nuvama Institutional Equities has downgraded the Steel Authority of India (SAIL) to ‘Reduce’, flagging concerns around excess flat steel supply in India and weak steel margins​Nuvama Institutional Equities has downgraded the Steel Authority of India (SAIL) to ‘Reduce’, flagging concerns around excess flat steel supply in India and weak steel margins ​Latest News [ SOBAN NEWS: International and National ]