Hindalco shares have underperformed not just the Nifty50 but also the Nifty Metal Index in the last one year. It has declined 32.8% as against a 1.4% fall seen in Nifty50 and 13.06% in Nifty Metal, according to the data sourced from Trendlyne.
India Exposition Mart has filed draft IPO papers with Sebi, comprising a fresh issue of up to 75 lakh shares and an offer for sale
Jefferies retained its Buy rating on Belrise Industries and raised its target price to Rs 280, citing strong automotive orders, two-wheeler demand and expanding renewable
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