Kotak Equities downgrades NALCO to ‘reduce’, says risk-reward no longer attractive
- Posted on November 27, 2024
- By Business News Today
- 1 Views
Kotak Equities downgrades NALCO to ‘reduce’, says risk-reward no longer attractive
The domestic brokerage anticipates that alumina prices and spot earnings have peaked and expects a decline in alumina prices by CY2025E, potentially serving as a negative catalyst for NACL.
