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 upgrades Hindalco to buy
The investment bank cites positive outlook for aluminium prices, better margin at unit Novelis and balance sheet deleveraging as key reasons for the upgrade.