Searched for
NOVELIS RECOVERY
Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong Ind...- Hindalco rides aluminium supply shock, US unit Novelis' rebound in first quarterHindalco Industries sees strong performance from rising aluminium prices and Novelis' recovery. Global aluminium prices increased significa...
- Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...
- 'Higher-for-longer' aluminium cycle to lift producer stocksIndian aluminium giants Vedanta Aluminium and Hindalco Industries are poised for significant gains, with analysts predicting around 20% gro...
- Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
- The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explodeMorgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable al...
- Buy, Sell or Hold: Morgan Stanley initiates coverage on Hindalco; Emkay Global downgrades Hitachi EnergyBrokerages show mixed views on metals, mining, and power equipment stocks. Morgan Stanley initiated coverage on Hindalco with an 'Overweigh...
- Hindalco shares decline 2% as Q4 profit falls 51%. Here’s what Nuvama and other brokerages saidHindalco Industries' shares dipped after reporting a 51% YoY decline in net profit to Rs 2,597 crore for the March quarter, despite a 20% r...
- Hindalco Q3 results: Strong aluminium EBITDA offsets Novelis hit; margin dip linked to Oswego fireHindalco Industries Ltd's shares are in focus after a strong quarterly performance. The company's upstream aluminium business showed robust...
- Hindalco shares in focus as Novelis’ Oswego fires delay restart, dent Rs 14,000 crore cash flowsHindalco shares may face pressure after Novelis delayed the restart of its Oswego plant following fire incidents, impacting around Rs 14,40...
- Hindalco sees up to $1.6 billion impact from fire at unit's New York plantEarlier in the day, Ford Motor flagged that it saw lower production in the fourth quarter due to the Novelis fires, with a partial recove...
- Fundamental Radar: Why is Hindalco best placed amongst peers in metals space? Vikram Kasat explainsBrokerage Prabhudas Lilladher remains positive on the stock and believes that Hindalco is best placed in the metals space on the improved o...
- EBITDA at both copper and aluminium divisions beat estimates: Aditya Welekar"Aluminium is a dollar denominated commodity. In the US, the trade rates are expected to peak out. From that perspective, aluminium will ha...
- Hindalco US arm to face margin pressure for 2-3 quarters, says Kotak EquitiesHindalco Industries subsidiary, Novelis, is expected to face margin pressures due to factors such as weak demand in the building and constr...
- Hindalco stock falls 3% on weak Q4 earnings by Novelis, but brokerages stay positive. What should investors do?Hindalco's US subsidiary Novelis reported a drop in March quarter results. But, JP Morgan is optimistic that the counter will see an upside...
- Hindalco Q2 takeaways: Profit falls on one-time loss; expansion plans on trackThe Rs 387 crore profit for the second quarter was a turnaround over the June quarter's Rs 572 crore loss.
- Buy Hindalco Industries, target Rs 235: JM FinancialBuy Hindalco Industries Ltd. at a price target of Rs 235.
- Should investors hold on to Hindalco after 44% jump in three months?According to analysts, Hindalco may benefit from its Novelis business, but back home slow domestic demand may play a spoilsport.
- Turnaround a personal victory for KM BirlaBirla had more than one reason to smile when Novelis, a Canadian firm he bought in 2007 for around $6 billion, staged a turnaround in the S...
- Birla proves a point with Novelis turnaround storyThe company turned around on the back of strong sales in Asia and South America.
Load More
