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Hindalco Q2 Review - Systematix Maintains 'Hold' Citing Strong India Show But Persistent Novelis Headwinds

Hindalco Q2 Review - Systematix Maintains 'Hold' Citing Strong India Show But Persistent Novelis Headwinds

Hindalco’s capacity expansion and growth story is supported by strong execution capabilities, value addition, and backward integration. However, strong India business performance continues to be offset by weakness at Novelis due to extraordinary events and ne…

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