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Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earnings
Hindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bullish, citing strong India operations, improving downstream mix and a recovery at Novelis, while raising their target prices and retaining Buy ratings on the stock.
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economictimes.indiatimes.com
Hindalco rides aluminium supply shock, US unit Novelis' rebound in first quarter
Hindalco Industries sees strong performance from rising aluminium prices and Novelis' recovery. Global aluminium prices increased significantly due to supply shocks and a…
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Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%
Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong India aluminium and copper operations and a…
