Hindalco Industries - Multi Baggers

Hindalco Industries : BSE ID : 500440 NSE ID : HINDALC0 Reco Price Rs. 176.90 CMP: Rs.176.90 (Gain 0.00%)
Hindalco is on a massive expansion plan in its aluminium business with capacities increasing 3x over the next 3-4 years. The company has announced expansion projects, both greenfield and brownfield increasing its aluminium capacity to 1.5 million tons. Most of the large projects are likely to go on stream only after FY09.