Hold Hindalco Industries, says Shahina Mukadam

Name: Hold Hindalco Industries, says Shahina Mukadam
Uploaded: 2017-07-05T16:14:56+05:30
Description: Shahina Mukadam, Independent Market Expert is of the view that one may hold Hindalco Industries.

Shahina Mukadam, Independent Market Expert is of the view that one may hold Hindalco Industries.

July 05, 2017 / 16:39 IST

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "I would recommend a hold on Hindalco Industries now because I think going forward EBITDA margins will improve because there is cost containment and stable metal prices. So, I think overall fundamentals look pretty healthy."

Hindalco Industries ended at Rs 198.75, up Rs 0.90, or 0.45 percent on the BSE.

The share touched its 52-week high Rs 210 and 52-week low Rs 127.35 on 30 May, 2017 and 05 July, 2016, respectively.

first published: Jul 5, 2017 04:14 pm

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