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VERIFIEDET Stocks·positive
'Higher-for-longer' aluminium cycle to lift producer stocks
AI Summary
- ·Indian aluminium giants Vedanta Aluminium and Hindalco Industries are projected for approximately 20% growth in the next 9-12 months.
- ·A global supply deficit is anticipated to support higher aluminium prices.
- ·Analysts suggest accumulating shares during the current market correction, expecting strong performance from cost improvements and volume expansion.