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LEWISPORT DIVESTITURE
Hindalco Q2 results: Net profit down 60% as Lewisport asset sale results in a lossHindalco’s consolidated earnings before interest, taxes, depreciation and amortization (Ebitda) registered a healthy growth of around 30% a...- Hindalco Q2 takeaways: Profit falls on one-time loss; expansion plans on trackThe Rs 387 crore profit for the second quarter was a turnaround over the June quarter's Rs 572 crore loss.
- Buy Hindalco, target price Rs 199: ICICI SecuritiesAt current valuations, a large part of the acquisition negatives are already built-in.
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