Profit

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

NSE
230.10
Change Change %
-8.70 -3.64%

Updated:12 Nov, 2018, 14:59 PM IST

BSE
229.30
Change Change %
-9.30 -3.90%

Updated:12 Nov, 2018, 15:18 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Credit Suisse
N/A
22-09-2016 Buy 149.10 177.00
N/A
Target Hit Long (1Y)
22-09-2017

Credit Suisse maintains outperform on Hindalco Industries

We see higher gains for Hindalco on account of lower hedging. Hindalco's EBITDA to rise both in India and at Novelis. Minor deleveraging in FY17 will drive upside further. We see $300/tonne drop in cost of production sustainable for Hindalco.

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