BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Hindalco Industries Ltd. reported Q1 FY22 Ebitda above our estimates by 8% on back of 5.5%/50.5% beat in aluminium/copper operations.
Backed by first mover advantage, market leadership and strong product support of Novelis, Hindalco Industries stands at forefront to exploit-
1. evolution in India's flat rolled products demand with acceleration in pace for light weighing of automobiles, increased consumption of aluminium beverage cans, electric vehicles and emergence of new stream of demand under production linked incentive scheme announced for major user sectors of FRP like electronics, auto components and white goods and
2. strong potential in exports market given its low cost of production.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
