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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Deutsche Bank Maintains Buy on Hindalco
Deutsche Bank has maintained its buy call on Hindalco for target price of Rs 140 per share. The brokerage says that near-term outlook has been tempered by weak pricing and expects recovery in second half. DB remains positive on earnings outlook for Novelis and sees normalization of coal costs going ahead.