Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
240.40
Change Change %
4.75 2.02%

Updated:21 Sep, 2018, 15:59 PM IST

BSE
240.35
Change Change %
4.40 1.86%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Morgan Stanley
N/A
16-08-2016 Buy 146.20 183.00
N/A
Target Hit Long (1Y)
16-08-2017

Morgan Stanley maintains overweight on Hindalco

Morgan Stanley maintains overweight stance on Hindalco and has increased target price to Rs 183 per share. It says Hindalco is a top pick in metals and mining space. Deleveraging is likely to follow improved earnings and it has raised FY17 & FY18 EBITDA estimates by12 per cent and 6 per cent respectively.

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