ADVERTISEMENT

'Buy' Hindalco Shares Maintains Motilal Oswal As Novelis, India Business Growth Outlook Remains Robust

Motilal Oswal believes that Hindalco's Novelis' long-term outlook remains robust despite near-term challenges and India business maintains strong growth.

<div class="paragraphs"><p>Hindalco Industries'&nbsp;stock is trading at 5.5x FY27E EV/Ebitda and 1.2x FY27E P/B. (Photo: Hindalco Industries website)</p></div>
Hindalco Industries' stock is trading at 5.5x FY27E EV/Ebitda and 1.2x FY27E P/B. (Photo: Hindalco Industries website)
Volume growth across geographies will remain stable for Hindalco, and favorable pricing will limit cost pressure and maintain the margins in the medium term.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit