ResultsBusinessLine
Hindalco shares trade near Rs 958 after Q2 beat
Positive+47
GreyOak summary
Hindalco Industries shares traded near Rs 958 following a strong Q2 FY27 results beat. Consolidated net sales rose 39% YoY to Rs 917 billion, while EBITDA increased 43% to Rs 128 billion. Brokerages remain bullish, citing strong aluminium realizations and copper byproduct gains, though some trimmed targets due to softer FY28 assumptions.
What it affects
- Hindalco IndustriesHINDALCOPositive +47
Stock beat estimates with strong salesRolling sentiment Positive +53
Source
Read the original at BusinessLineMore Hindalco Industries news
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