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VERIFIEDET Markets·positive

Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earnings

AI Summary
  • ·Hindalco reported a record Q1 profit, but its shares fell.
  • ·Brokerages reiterated Buy calls on the stock.
  • ·Target prices were raised by brokerages citing strong India operations, improving downstream mix, and a recovery at Novelis.
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