Hindalco: Buoyancy in aluminium will boost realisations
Edited by : AL CIRCLE
1 min read
...Hindalco's performance in the December 2010 quarter was adversely impacted by a sluggish performance in its key copper division, which accounts for nearly two-third of its quarterly sales. The company grappled with lower treatment and refining charges (TC/RC) on a year-on-year (YoY) basis in its copper division in the third quarter, coupled with production bottlenecks...