EMBJ3) and Hindalco Industries Limited have signed a Memorandum of Understanding (MoU) to conduct exploratory activities to assess potential business opportunities in India... About Hindalco Industries.
InCred has downgraded Hindalco to reduce from add with the target price cut to Rs 631 from Rs 785 ... They also expect Hindalco’s earnings before interest, taxes, depreciation and amortisation (EBITDA) ...
In light of its December quarter earnings, HSBC has maintained a 'buy' call on Hindalco but has cut the target price, while Citi has downgraded the counter from 'buy' to 'neutral' ... .