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Business Standard logo📈 Economy
India📈 EconomyCenter16 hr. ago

Hindalco snaps 6-day winning streak post Novelis Q1; Emkay sees 11% upside

The article reports that Hindalco, a major aluminum producer, ended its six-day winning streak following the release of Novelis' Q1 results. The financial performance of Novelis appears to have impacted investor sentiment towards Hindalco. Emkay, an investment firm, has indicated potential for an 11% price increase based on current market conditions and expectations.

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Business Standard logoBusiness StandardIndependent🔒Center16 hr. ago
Hindalco snaps 6-day winning streak post Novelis Q1; Emkay sees 11% upside

The article reports that Hindalco, a major aluminum producer, ended its six-day winning streak following the release of Novelis' Q1 results. The financial performance of Novelis appears to have impacted investor sentiment towards Hindalco. Emkay, an investment firm, has indicated potential for an 11% price increase based on current market conditions and expectations.

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