VERIFIEDMint Markets·27 May 2026positive

Hindalco, Nalco shares jump up to 5% as aluminium prices hit 4-year high amid US-Iran war tensions

AI Summary

·Hindalco and Nalco shares saw gains of up to 5% as aluminium prices reached a four-year high.
·Geopolitical tensions, specifically between the US and Iran, are cited as a reason for the price increase.
·Morgan Stanley maintains a positive outlook on Hindalco, setting a target price of ₹1,325.