Stock analysts have suggested day traders to buy Hindalco Industries with a stop loss of Rs 216 to achieve a price target of Rs 231 in today’s trading session.

As the constructive turn of the stock, the stock has been performing well from last few weeks, and it is expected that the stock will achieve new yearly highs in the coming weeks.

At National Stock Exchange, the stock of the company has touched 52-week high of Rs 240 and a low of Rs 120. Yesterday, the stock ended the day at Rs 212 on National Stock Exchange. Total volume of share traded was 4,317,523.

The activity of Hindalco Industries is to produce aluminium and semi- fabricated products.

Hindalco is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its Copper smelter is the world's largest custom smelter at a single location.

The cooperative unit of the company is striving a lot to take the company at its pinnacle in the coming quarters.

Other stocks which are looking good from the sector are NALCO and Madras Aluminium.