Hindalco management delineated the company’s capital allocation strategy. FCF guidance stands at $1bn-1.2bn post normal working capital and maintenance capex; cumulative FCF (pre growth-capex) is guided at $5bn-6bn over the next five years.
from The Financial Express https://ift.tt/2OXwVbA
https://ift.tt/eA8V8J ICICI Securities
from The Financial Express https://ift.tt/2OXwVbA
https://ift.tt/eA8V8J ICICI Securities
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