Nomura Initiates Coverage on Three Aluminium Stocks, Assigns Ratings
Nomura initiated coverage on Vedanta Aluminium and Hindalco with Buy ratings and maintained a Neutral stance on National Aluminium Company. The supplied body is truncated before completing the price-target details.
Global brokerage firm Nomura has initiated coverage on three aluminium stocks, assigning a 'Buy' rating to Vedanta Aluminium and Hindalco, while maintaining a 'Neutral' stance on National Aluminium Company (NALCO).The brokerage has set a price target of ₹500 for Vedanta Aluminium, implying an upsid…