Profit

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

NSE
242.00
Change Change %
10.15 4.38%

Updated:03 Dec, 2020, 15:31 PM IST

BSE
241.90
Change Change %
10.15 4.38%

Updated:03 Dec, 2020, 15:49 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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