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Hindalco's value-add focus to drive growth and a stock re-rating

Hindalco's value-add focus to drive growth and a stock re-rating
Image: The Economic Times (India)

Hindalco reported record revenue and profit in the latest quarter amid increasing metal prices and improved Novelis performance. The company anticipates muted growth due to declining aluminium prices and elevated input costs. It has initiated significant investments in capacity expansion and enhancing value-added products. Novelis expects to transition towards increased earnings and cost savings in the coming years. Hindalco's strategic…

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