Buy Hindalco Industries, says Sudip Bandopadhyay

Sudip Bandopadhyay, Market Expert told CNBC-TV18, "We are turning mildly bullish on the metal space. Globally, I think we are finding the first green shoots of a demand recovery as far as metals are concerned and that is why we are seeing Chinese metal companies also rallying. So, yes, there is a case for being mildly positive on the metal space.""Hindalco Industries is one of the well managed companies, they have their set of problems, they have their set of issues but I think out of the metal companies operating in India, if you have to pick one that will probably be Hindalco. I will still not go for a Tata Steel because I want to see them getting rid of their global assets before we turn bullish on Tata Steel. However, Hindalco is one scrip where we can go for a buy with one year plus time horizon in mind at current level," he said.