25 AUGUST 2011moneycontrol
Accumulate Hindalco, Hindustan Zinc & Sterlite: Tulsian
Edited by : AL CIRCLE
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SP Tulsian, sptulsian.com feels investors should accumulate Hindalco , Hindustan Zinc & Sterlite with 6 months time frame.
In respect to the nonferrous metal, I have no reason to take a negative or the cautious call on the Hindalco scrip because of the business model in India plus there is the usage of about 2 million tonnes of aluminum by Novelis and suppose if the prices softens of aluminum that will be positive for the company.
In respect to the nonferrous metal, I have no reason to take a negative or the cautious call on the Hindalco scrip because of the business model in India plus there is the usage of about 2 million tonnes of aluminum by Novelis and suppose if the prices softens of aluminum that will be positive for the company.
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