Hindalco Industries: Unlikely to fire in absence of coal

JM Financial retained its negative bias on the stock citing delay in clearances of the Mahan coal block and sees full coal availability in 2-3 years. The firm has set a price target of Rs 105 per share.

July 03, 2013 / 14:06 IST

26 Aug, 2025 12:21

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first published: Jul 3, 2013 11:58 am

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Hindalco Industries: Unlikely to fire in absence of coal

JM Financial retained its negative bias on the stock citing delay in clearances of the Mahan coal block and sees full coal availability in 2-3 years. The firm has set a price target of Rs 105 per share.

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