Anand Rathi has maintained a Buy rating on Hindalco Industries, setting a target price of Rs 800 per share. The company is progressing with its strategic expansion, including the ramp-up of the 250k tonne Guthrie facility and significant domestic capex in alumina, aluminium, and copper expected by FY27-29. With strong aluminium and copper EBITDA, increased beverage can shipments, and a focus on enhancing recyclability, Hindalco is well-positioned for growth.