Hindalco’s value-add focus to drive growth and a stock re-rating
ET Intelligence Group: Hindalco delivered record quarterly revenue and net profit for the September quarter amid higher metal prices and improving Novelis performance. However, the growth trajectory is…
Attributed summary
ET Intelligence Group: Hindalco delivered record quarterly revenue and net profit for the September quarter amid higher metal prices and improving Novelis performance. However, the growth trajectory is expected to be muted in the second half of the current fiscal year owing to softer aluminium prices and higher input costs. The company has stepped up investments in capacity expansion and value-added products.It has around ₹50,000 crore worth of expansion projects…
Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.
