Hindalco Industries shares traded higher on Tuesday after Kotak Securities upgraded the stock to 'Buy' from 'Reduce'. The brokerage also raised its target price for the metal major. The revision signals renewed analyst confidence in the company's earnings outlook. Investors tracked the move as a potential comeback signal for the stock.

Hindalco Industries shares traded higher on Tuesday after Kotak Securities upgraded the stock to 'Buy' from 'Reduce'. The brokerage also raised its target price for the metal major. The revision signals renewed analyst confidence in the company's earnings outlook. Investors tracked the move as a potential comeback signal for the stock.