The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explode
- Posted on May 27, 2026
- By Business News Today
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- 1 min read
The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explode
Morgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight rating and a target price of Rs 1,325, citing a favourable aluminium demand-supply outlook, strong free cash flow generation and Indias multi-year growth cycle. The brokerage believes Hindalco is well positioned for margin expansion and long-term value unlocking.
