Metal stocks to buy, April 14 -- ICICI Securities indicated that ferrous companies are likely to benefit after the provisional safeguard duty was imposed in Q4FY25. On the other hand, non-ferrous companies may face challenges due to the ongoing tariff conflicts. The domestic brokerage firm continues to favour ferrous companies over non-ferrous ones, highlighting Tata Steel (TP: Rs.180), JSW Steel (TP: Rs.1,230), Shyam Metalics (TP: Rs.930), and APL Apollo (TP: Rs.1,935) - all rated as BUY - as their key picks in this sector.

The brokerage suggests that investors are anticipating developments beyond Q4FY25, with tariffs becoming a central focus. They believe that firms with business strategies centered on the domestic market - such as Shy...