Hindalco a buy for analysts as Q4 net doubles

“We cut our FY23 Ebitda/PAT (operating profit/profit after tax) estimate by 16%/22%, at the consolidated level, driven by a 28% reduction in India Ebitda due to higher coal costs. We expect the coal crisis to dissipate in the next one-to-two quarters,” said Motilal Oswal.

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