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
Religare
N/A
20-02-2017 Buy 180.40 230.00
N/A
Closed Short (1M)
20-03-2017

Religare recommends buy on Hindalco

Hindalco expects to embark on the second leg of growth upon successful net debt/EBITDA reduction to 3x by FY18 from 4.5x now, through a mix of debottlenecking and expansion in downstream projects involving low capex of Rs 1,000 crore (payback of 2-3 years), the brokerage said.

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