Hindalco Industries Limited (“Hindalco” or “the company”) is the metals flagship company of the Aditya Birla Group, headquartered in India. The company is primarily involved in the business of Aluminium and Copper and operates across ten countries globally
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Top 8 Defence Stocks to buy now for up to 27% return by Nirmal Bang
Even with a sharp run-up in the stock prices of the defence basket (Nifty India Defence index 6m returns- 37%); our outlook on the sector remains optimistic due to the following factors: (1) visibility into long-term execution growth supported by a strong order book and a healthy pipeline; (2) timely execution facilitated by localization, integrated modular construction, and subcontracting; (3) government preference and domain expertise; (4) cash-rich balance sheets that prevent significant working capital challenges due to stage payments; and (5) in-house research and development investments and suitable technological supportEven with a sharp run-up in the stock prices of the defence basket
Coal India has superlative return ratios (RoCE’s at ~40%) & healthy net cash positive b/s. Buy for target price of Rs 550: ICICI Direct
We have a positive view on Coal India amidst healthy volume growth on anvil, superlative return ratios (RoCE’s at ~40%), healthy net cash positive b/s and its leading contribution to India’s energy needs. We assign BUY rating to Coal India with target price of ₹550 wherein we have valued it at 5x EV/EBITDA on FY26E. High dividend yield of ~6% is added positive
Top 15 Stock Picks for upto 50% upside by Axis Securities
we maintain our Dec’24 Nifty target at 23000 as we value it at 20x on Dec’25 earnings. The current level of India VIX is below its long-term average, indicating that the market is currently in a neutral zone (neither panic nor exuberance). While the medium to long-term outlook for the overall market remains positive, we may see volatility in the short run with the market responding in either direction. Keeping this in view, the current setup is a ‘Buy on Dips’ market. We recommend investors to remain invested in the market and maintain good liquidity (10%) to use any dips in a phased manner and build a position in high-quality companies (where the earnings visibility is quite high) with an investment horizon of 12-18 months
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