India, Feb. 27 -- India's iron and steel products sector continues to expand rapidly, with crude steel output reaching about 138 to 140 million tonnes in the first ten months of FY 2025 to 2026, reflecting near double digit growth year on year. Steel demand is projected to grow around 8% in FY 2026, driven by strong building, infrastructure, and manufacturing activity, underpinning the sector's central role in the country's industrial growth.

With a market capitalization of Rs 3,945.24 crore, the shares of Goodluck India Ltd were trading at Rs 1,186.95 per share, decreasing around 0.68 percent as compared to the previous closing price of Rs 1,195.10 apiece.

BOB Capital Markets has issued a 'Buy' recommendation on the steel stock, settin...