BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Deutsche Bank upgrades Hindalco to buy
Deutsche Bank has upgraded Hindalco to buy from hold for target price of Rs 110/share. It says company is coming out of the earnings trough and LME has stabilized & earnings have bottomed. It adds that price-to-book value valuation is at nine-year low.