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hindalco shares: Fundamental Radar: Why is Hindalco best placed amongst peers in metals space? Vikram Kasat explains

Brokerage Prabhudas Lilladher remains positive on the stock and believes that Hindalco is best placed in the metals space on the improved operational performance of Novelis, opening up of captive coal mines, and rising focus on high-margin value-added products. ....

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tmt: Once again its China: 5 metal stocks that can deliver up to 39 % returns

This week, when broader market indices were correcting sharply, it was metal stocks which were able to keep their head above water. Even today, the list of stocks trading with gains is dominated by metal stocks. This has happened for the fourth time in the last two months, that metal stocks have been able to inch upward when other sectors are under pressure. Is it an indication that global commodity markets are finally expecting all the efforts which the government in China is making to revive the economy might be successful. Or once again it is a short term movement which will face pressure at higher levels. It is the numbers from China which hold the key. ....

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Hindalco stock target: Analysts reiterate positive view for Hindalco, shares seen gaining up to 13%

CLSA Asia Pacific Markets and Kotak Institutional Equities have raised their target price on the company by 7-8%, with both the brokerages maintaining a ‘buy or ‘add rating. The shares closed with over 2% gains at 480.65 rupees on Tuesday, also supported by strength in the broader market. ....

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