Morgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight rating and a target price of Rs 1,325, citing a favourable aluminium demand-supply outlook, strong free cash flow generation and Indias multi-year growth cycle. The brokerage believes Hindalco is well positioned for margin expansion and long-term value unlocking.

Hindalco's managing director anticipates a stronger performance this fiscal year, with aluminium prices expected to remain high until late 2026. The company's US arm, Novelis, is…

Brokerages show mixed views on metals, mining, and power equipment stocks. Morgan Stanley initiated coverage on Hindalco with an 'Overweight' rating, citing improving aluminium…

Morgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight rating and a target price of Rs 1,325, citing a favourable aluminium demand-supply outlook, strong…

Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in China, the world's top producer, are…