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
13-12-2016 Buy 176.55 219.00
N/A
Target Hit Long (1Y)
13-12-2017

Morgan Stanley maintains Overweight on Hindalco Industries

Morgan Stanley has maintained "overweight" rating on Hindalco Industries for a target of Rs 219. The brokerage sees upside in Hindalco's domestic earnings. Hindalco's coal security for nearly 60 per cent of its requirement is a positive, said Morgan Stanley. Deleveraging will follow with improved cash flows and current valuation looks attractive, the brokerage added.

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