| 15 JUN 2009 |
Too Hot to handle. The Stock prices of metal pipe makers look overvalued,considered poor order book visibility and higher dependence on the overseas market. |
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| Publication: |
Economic Times |
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Metal firms that churn out
value-added products have managed to buck the global slump in commodity
prices,which has hit many sectors hard in the past few quarters, but
with their orders books thinning as key clients in the energy sector cut
back, the going may get tough from here.