Morgan Stanley On Hindalco

Maintain Overweight, TP Rs 1325 Novelis Announces Restart of Oswego Hot Mill Oswego facility was disrupted by two fires in September and November 2025, affecting cumulative volumes of 150-200kt Positive development for the company. Although management earlier guided to a restart by June, it had been was an overhang for the stock Expect the facility to ramp-up quickly and normalize production over F2Q27 Next keys to track will be-Bay Minette commissioning by F3Q27 Overall insurance recoveries over the next couple of years – management had guided to 70-75% recoveries of overall impact of US$1.7bn

HINDALCO INDUSTRIES LTD

← Back to feed