Mark to Market

45: Hindalco’s Q4 don't disappoint, but growth slowdown lingers in FY21

Episode Summary

Hindalco Industries' March quarter numbers were not bad, to begin with. Going ahead, a lot depends on how aluminum prices move. While the stock has recovered smartly from the lows in March, the shares are still 34% lower than 52-week high seen in January.

Episode Notes

Hindalco Industries' March quarter numbers were not bad, to begin with. Going ahead, a lot depends on how aluminum prices move. While the stock has recovered smartly from the lows in March, the shares are still 34% lower than 52-week high seen in January.