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Hindalco–Novelis outlook: Near-term noise, long-term structural strength intact: Aditya Welekar

Hindalco–Novelis outlook: Near-term noise, long-term structural strength intact: Aditya Welekar

Hindalco outlook remains positive despite near-term headwinds at Novelis, says Axis Securities AVP Aditya Welekar. Bay Minette capex overruns may pressure margins of the company in the short term, but structurally higher aluminium prices, strong Indian operat…

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