Broker’s call: Hindalco (Sell) – The Hindu BusinessLine
Target: ₹600 CMP: ₹661.25 We attended Hindalco’s Investor Day 2025. The management outlined its expansion roadmap, with capex plans of ₹45,000 crore for its India business and $5 billion for Novelis over coming 5 years. Hindalco targets doubling its upstream business and quadrupling the downstream business in India. Our key takeaway is that the management […]
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