Hindalco: Why analysts see more steam in Hindalco stock : vi

Hindalco: Why analysts see more steam in Hindalco stock


Why analysts see more steam in Hindalco stock
Synopsis
Asset qulaity seen to be better than private peers, could lead o a reduction in valuation gap. Analysts expect aluminum market to enter a multi-year deficit period; Hindalco likely to see 30% EBIDTA expansion and 70% net profit surge
Mumbai: Four out of five elements populating the periodic table would qualify as metals. Without them, you wouldn’t have the shining infra to underpin economies that run into trillions of dollars in aggregate. Yet, they collectively have only a tiny combined weighting on the major stock indices.
But metals are now shining again — riding an unprecedented supercycle. That has added sheen to aluminium major Hindalco, which should continue to build

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