Hindalco shares: Brokerages stick to 'Buy' calls; Elara, Axis trim targets, Nuvama upgrades
Elara and Nuvama rate stocks including Hindalco.
· Business Today Mkts
Elara Securities said Hindalco reported consolidated EBITDA of around Rs 12,800 crore, ahead of its estimates and consensus expectations.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Elara and Nuvama, with ratings on the stocks named. The stocks: Hindalco.
- Over three months: Hindalco -9.4% against Metals & Mining -7.1% (2.3 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| HindalcoHINDALCO · Metals & Mining | ₹957.55 | -0.3% | +6.6% | -9.4% | -16.7% | 1.6× | — |
Metals & Mining
1M +0.6% · 3M -7.1%
Hindalco
Prices as of 11 Nov 2026, 13:25 IST. Sector moves are the average of the stocks we track in each sector.
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