VERIFIEDET Markets·25 Jun 2026negative

Vedanta Aluminium, Hindalco, NALCO shares to crash up to 40%? Why InCred is screaming sell on all aluminium stocks

AI Summary

·InCred Equities has turned bearish on the aluminium sector, advising investors to exit aluminium stocks.
·The brokerage sees a potential 30-40% downside for aluminium stocks.
·InCred argues the market is incorrectly valuing aluminium as a supply-constrained primary metal, ignoring its recyclability.