Hindalco, NALCO to Vedanta Aluminium: Aluminium stocks slide up to 6%. Here's why

Wait 5 sec.

Shares of aluminium companies face corrections amid a decline in base metal prices. However, Axis Securities maintains BUY ratings for Hindalco and NALCO despite share declines. Analysts forecast aluminium prices to remain between $3,000 and $3,800/t in the short term.