Wednesday, December 25, 2024

Nalco: Retain ‘buy’ on strong earnings outlook

Wednesday, June 30, 2021, 22:15
This news item was posted in Business category and has 0 Comments so far.

We raise our FY22E/FY23E ebitda estimate by 43%/27%, factoring in higher aluminum prices, which should support strong cash flows and a good dividend payout. Maintain ‘buy’.

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