Hindalco Q4 Results: After upbeat performance, should investors hold or sell the stock of aluminium major?
Updated: 27 May 2022, 03:24 PM IST
TL;DR.The strong growth in both the top and bottom line was driven by an exceptional performance in the company's India business, the company said. The Aluminium India business reported an all-time high quarterly Ebitda of ₹4,050 crore, up 123 per cent year on year.
Hindalco has delivered nearly 8% returns to its shareholders compared with 7% growth in the BSE Sensex.