Preview: India's Hindalco rises ahead of Q3 results

National Aluminium

13/02/2025 07:00

** Shares of India's Hindalco  HALC.NS  up ~1%
    ** Analysts expect the aluminium producer to report a 53%
jump in Q3 consol net profit to 35.73 bln rupees ($411.3 mln),
rev to rise 11%
    ** Results to get a boost from strong aluminium prices,
analysts say
    ** Peers National Aluminium Co (NALCO)  NALU.NS  and Vedanta
 VDAN.NS  have both beaten Q3 profit estimates
    ** Hindalco has gained ~1% YTD, while NALCO has shed ~8% and
Vedanta has slipped ~3%
 
($1 = 86.8620 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))