How to trade Hindalco shares after profit plunges 48% YoY in Q4
After Hindalco Industries posted a 48% fall in its standalone Q4FY23 net profit on Wednesday, CLSA maintained a ‘Buy’ rating on the metal stock while Kotak recommends an ‘Add’. Meanwhile, Nuvama has a ‘Hold’ stance on the counter. Hindalco’s profit after tax (PAT) stood at Rs 832 crore for the quarter ended March. It was … Read more
