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    HomeNewsBusinessStocksBuy Hindalco; target of Rs 465: ICICI Direct

    Buy Hindalco; target of Rs 465: ICICI Direct

    ICICI Direct is bullish on Hindalco recommended buy rating on the stock with a target price of Rs 465 in its research report dated April 06 , 2023.

    Broker Research
    April 10, 2023 / 13:12 IST
    Buy
       
       
      26 Aug, 2025 12:21
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      ICICI Direct's research report on Hindalco

      Hindalco is the world’s largest aluminium company by revenues and a major player in copper. Hindalco is one of Asia’s largest producers of primary aluminium • Novelis has leveraged its extensive recycling footprint and favourable market conditions to increase its recycled content to 61% in FY21.

      Outlook

      We maintain our BUY rating on the stock. We value Hindalco at Rs 465, based on SoTP valuation.

      For all recommendations report, click here

      Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

      Hindalco - 10 -04 - 2023 - icici
      Broker Research
      first published: Apr 10, 2023 01:11 pm

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