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StockPick for this week is Hindalco Industries Limited
Hindalco Industries Ltd. is the metals flagship company of the Aditya Birla Group. It is an industry leader in aluminium and copper. Hindalco’s acquisition of Aleris Corporation in April 2020, through its subsidiary Novelis Inc., has cemented the company’s position as the world’s largest flat-rolled products player and recycler of aluminium. Hindalco’s state-of-art copper facility comprises a world-class copper smelter and a fertiliser plant along with a captive jetty. The copper smelter is among Asia’s largest custom smelters at a single location.
Credits – Shivam S. & Manish Singh
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