Rakesh Arora, Founder of GoIndiaStocks.com, expects most metal stocks to remain in a trading range in the near term, with valuations already appearing elevated after a year of strong performance.

Speaking to CNBC-TV18, Arora shared his views on Vedanta , Tata Steel, and the broader metals space, highlighting selective opportunities amid high valuations and weak pricing trends.

Vedanta’s stock has performed well, supported by firm aluminium and silver prices. However, Arora does not expect the proposed demerger to meaningfully unlock value.

He noted that most analysts already apply a holding company discount primarily for Hindustan Zinc — an entity not being demerged from Vedanta. He added that any upside could only come from non-core asset disposals, though inter-corporate issues re

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