Sell Hindalco Industries, target Rs 219.0 : Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a sell call on Hindalco Industries Ltd. with a target price of Rs 219.0 . The current market price of Hindalco Industries Ltd. is 229.9 Time period given by analyst is Intra Day when Hindalco Industries Ltd. price can reach defined target. Shrikant Chouhan recommended to keep stoploss at Rs 236
Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of ₹ 51656.06 Cr.) operating in Metals - Non Ferrous sector.

Hindalco Industries Ltd. key Products/Revenue Segments include Aluminium and Aluminium Products which contributed ₹ 16885.88 Cr to Sales Value (45.93 % of Total Sales), Copper/Copper Products which contributed ₹ 14636.77 Cr to Sales Value (39.81 % of Total Sales), Metals Precious which contributed ₹ 2136.15 Cr to Sales Value (5.81 % of Total Sales), Others which contributed ₹ 1775.27 Cr to Sales Value (4.82 % of Total Sales), Alumina which contributed ₹ 928.66 Cr to Sales Value (2.52 % of Total Sales), Other Operating Revenue which contributed ₹ 395.62 Cr to Sales Value (1.07 % of Total Sales) and Other Materials which contributed ₹ 1.55 Cr to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2016.