Epic Research

Monday, February 11, 2013

Epic Update : Hindalco

Maintained growth trajectory over quarters 
Other income has shored up our overall results
Smelter operations saw a few disruptions
Will see no impact of disruptions in aluminum biz
Imported plant from UK to produce foil
Foil plant already started production
Hirakud is also in the throes of expansion of production
Expect Hirakud expansion from 165 KT to 210 KT
Received all environmental clearances required
Competition from Imports especially China is a key challenge.

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