Archive · 24 Sep 2025
Hindalco Stock: Emkay Upgrades, Sees 20% Upside Potential
Hindalco Industries, a company that deals with aluminum, is expected to do well according to Emkay Global Financial Services.
Emkay has told investors to buy the stock, predicting its price could go up significantly.
This positive outlook is linked to rising aluminum prices and the company's cost-effective production.
Emkay thinks that Novelis, a subsidiary of Hindalco, will see improved profit margins.
Overall, the analysts believe Hindalco is well-positioned to profit from the current market.
Emkay upgraded Hindalco shares to ‘Buy’ from ‘Reduce’ and raised target price.
Hindalco share price target implies an upside potential of more than 20%.
Emkay sees benefit from rising aluminium prices.
Novelis' profitability expected to recover.
Key risks include oversupply if prices remain high.
- Who
- Hindalco Industries and Emkay Global Financial Services
- What
- Emkay upgraded Hindalco's rating and increased target price
- When
- Not specified
- Where
- India
- Why
- Due to positive outlook for aluminum prices and improved profitability.
- Company
- Hindalco Industries
- Analyst Rating
- Upgraded to 'Buy'
- Target Price
- ₹900 per share
- Potential Upside
- Over 20%
- 1-Year Stock Performance
- Rose by 4%
- Aluminum Price Target (6M)
- $2,850/t
- India's Aluminium Production Cost
- $1,700/t
Sources
Why Emkay Global upgraded Hindalco to ‘Buy’ with a 38% higher target price
Minda jumps 10% on bullish analyst calls after investor meet
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