BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
JP Morgan maintains overweight on Hindalco Industries
The brokerage says, Hindalco shares have broken out from its recent range of Rs140-Rs160 on account of rebound in LME prices but company-specific events are yet to play out. Equity issuance not out of the way yet, adds JP Morgan.