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JPMorgan assigns overweight tag to Hindalco and Vedanta

JPMorgan has upgraded Hindalco Industries and Vedanta Limited to ‘overweight’, setting price targets of ₹1,125 and ₹850 respectively. The brokerage anticipates a sustained upcycle in aluminium prices due to supply disruptions, particularly from the West Asia conflict, predicting a sharp tightening of ex-China aluminium markets.

Source :- Markets-Economic Times Read More

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