BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Citi Maintains Buy on Hindalco
Citi has maintained its buy call on Hindalco for target price of Rs 125 per share. Citi says that the bad news is largely priced in and it continues to value on 6.5 times its FY17 EV/EBITDA. However, it has cut consolidated EBITDA by 8-11 per cent for FY16-17.