Hindalco shares get a ‘double-upgrade’ as key catalysts begin to align, Kotak says
Shares of Hindalco Industries Ltd. will be in focus on Thursday, July 16, after brokerage firm Kotak Institutional Equities double upgraded the stock to ‘Buy’ from ‘Reduce’, citing improving earnings visibility and an attractive risk-reward following the recent correction. The brokerage marginally raised its price target to ₹1,120 per share from ₹1,100. The revised target…
