BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Closed|| Long (1Y)
Bank of America Merrill Lynch maintains underperform on Hindalco
Risk-reward appears negative. Too much optimism is being built in stock. Expect range-bound transaction prices. New projects' earnings could disappoint.