Buy Hindalco Industries, target Rs 260: Dr CK Narayan

Buy Hindalco Industries Ltd. at a price target of Rs 260.0 and a stop loss at Rs 244 from entry point.

Dr CK Narayan of Chart Advise has a buy call on Hindalco Industries with a target price of Rs 260.

The current market price of Hindalco Industries is Rs 254.55.

Time period given by the analyst is 'Intra Day' when Hindalco Industries price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 244.

Hindalco Industries, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 56,426.66 Crore) operating in Metals - Non Ferrous sector.

The company’s top management includes Mr.Askaran Agarwala, Mr.Debnarayan Bhattacharya, Mr.Girish Dave, Mr.Jagdish Khattar, Mr.Kailash Nath Bhandari, Mr.Kumar Mangalam Birla, Mr.Madhukar Manilal Bhagat, Mr.Praveen Kumar Maheshwari, Mr.Ram Charan, Mr.Satish Pai, Mr.Yazdi Dandiwala, Mrs.Rajashree Birla.
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Company has Price Waterhouse & Co LLP as its auditors.

As on 31-12-2017, the company has a total of 2,244,889,146 shares outstanding.
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