4 days ago
Hindalco Industries Limited (HINDALCO): New Buy Recommendation for This Basic Materials Giant
In a report released on June 26, Alok Deora from Motilal Oswal maintained a Buy rating on Hindalco Industries Limited (HINDALCO – Research Report), with a price target of INR800.00. The company's shares closed yesterday at INR697.35.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hindalco Industries Limited with a INR747.50 average price target, representing a 7.19% upside. In a report released on June 20, Macquarie also maintained a Buy rating on the stock with a INR709.00 price target.
The company has a one-year high of INR772.00 and a one-year low of INR546.25. Currently, Hindalco Industries Limited has an average volume of 210.1K.
