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Hindalco can go upto Rs 240: R Shah
Published on Thu, May 15, 2008 at 16:10 , Updated at Thu, May 15, 2008 at 17:26
Source : moneycontrol.com
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Rajen Shah of Angel Broking is of the view that Hindalco Industries can go upto Rs 240. Shah told CNBC-TV18, "Hindalco had underperformed for most part of the bull market. When the beating happened, it was beaten it was out of shape. The results are going to be good, and valuations are also pretty attractive in the case of Hindalco. I think it is playing catch-up more than anything else. So, we do expect it to go up to at least Rs 240 in the coming weeks."
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Other comments
Right issue only to increse promotor holding
One more thing that i wanted to share is - remember the promoters have lost 18/- earlier by subscribing to the warr...
in Hindalco - shrenikbothra at 12-Oct-08 11:50
Right issue only to increse promotor holding
Its been almost 36 hrs since the rights issue closed down and the management is yet to confirm (either on their web...
in Hindalco - shrenikbothra at 12-Oct-08 11:34
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