Hindalco shares rally over 2% as Q2 profit beats estimates. Should you buy, sell, or hold?

November 12, 2024

Hindalco Share Price: Hindalco’s shares climbed after the company announced a significant jump in its second-quarter net profit. The company’s profit soared by 123% compared to the same period last year. This impressive performance was driven by strong results in its India business. Analysts are optimistic about Hindalco’s future prospects, with JP Morgan and Investec maintaining positive ratings on the stock.

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