BofA Securities initiates coverage of Hindalco Industries at 'buy' with a price target of INR600.00

An analyst from BofA Securities initiated coverage of Hindalco Industries (NS: HALC ) at 'buy' with a price target of INR600.00.
Prior to this rating, Hindalco Industries had 20 buy ratings, 1 hold ratings, and 0 sell ratings.
For consensus analyst estimates and price targets on Hindalco Industries, click here. For more news on Hindalco Industries, click here.
Hindalco Industries's stock price closed at $456.75. They are up 0.5% in the last month and up 8.25% in the last 12 months.
According to Investing Pro, Hindalco Industries's fair value is $442.18, a downside of 3.04%. Hindalco Industries's fair value comes with a low degree of uncertainty, according to InvestingPro.
Check out Hindalco Industries's recent earnings performance and financials here.

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