Kotak's Shrikant Chouhan backs Hindalco and Airtel
In short
Shrikant Chouhan has named Hindalco and Airtel among his stock ideas, according to a Business Standard Markets summary. He sounded positive on Hindalco because of strong copper profits, a slow recovery at Novelis and progress on growth plans.
This matters for investors watching the two stocks. The note suggests Hindalco’s business trends are improving.
What the reporting says
Shrikant Chouhan turned constructive on Hindalco’s outlook and named Airtel among two stock recommendations, according to a Business Standard Markets summary. The note said Hindalco’s outlook is supported by strong copper profitability, a gradual recovery at Novelis and continued progress on strategic growth initiatives. The recommendations were presented as part of a market call, with Hindalco singled out for its improving business drivers.
Why it matters
Kotak’s Shrikant Chouhan remained constructive on Hindalco and included Airtel among two stock recommendations. For Hindalco, the stated supports were strong copper profitability, a gradual recovery at Novelis and continued strategic growth initiatives. The note frames the call as a stock-selection view for investors tracking company-specific earnings and operating trends.