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ADITYA ALUMINIUM PROJECT
Hindalco sees 5% rise in raw material costs, stays confident on key customersHindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novel...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
War puts brakes on UAE realty boom as Dubai projects face delaysThe current turmoil in West Asia is having a notable effect on the property market in the UAE. Developers are experiencing significant dela...
West Asia war pushes half of Dubai's 2026 property handovers to 2027The ongoing West Asia conflict is impacting property project completions in the UAE. Developers face delays of six to nine months. Construc...
Hindalco announces Rs 21,000-cr aluminium smelter expansion in OdishaHindalco Industries is investing 210 billion rupees to expand its aluminium smelter in Odisha. The company has also commissioned a new faci...
Hindalco’s EBITDA per tonne trajectory will keep on improving: Aditya Welekar, Axis SecuritiesHindalco's new project is expected to earn $700+ EBITDA per tonne, will be value accretive once it becomes operational. However, the ramp-u...
Greenko to develop up to 400 MW green capacity for Hindalco's aluminium smelter in OdishaThe project will be set up as a captive generation facility under a 25-year offtake arrangement to supply power to Hindalco's Aditya alumin...
Hindalco subsidiary Novelis to invest $300 million in auto aluminium sheet manufacturing plant in KentuckyThe greenfield project which is expected to get commissioned by 2020 will have a capacity of 200,000 metric tons and will include heat trea...
Hindalco now entering consolidation phase: Kumar Mangalam BirlaThe alumina and aluminium capacity of Hindalco, an Aditya Birla group firm, will be doubled after its mega-expansion plans are completed.
- Hindalco secures funds for Rs 13,200-crore Odisha project
The domestic aluminium major Hindalco Industries today said that it has achieved financial closure for its Rs 13,195-crore greenfield Adity...
- Hindalco’s Aditya Aluminium to raise Rs 8000 cr, Mahan closes fund raising
AV Birla Group’s flagship company Hindalco is planning to raise Rs 8000 crores for Aditya Aluminium project, sources said.
- Hindalco Q2 net rises 26% to Rs 434 cr on high metal prices
Hindalco on Tuesday posted a 26% rise in its profit to Rs 434 crore for the quarter ended September 30.
- Hindustan Construction secures order worth Rs 51.41 cr
Hindustan Construction Company on Monday said it has bagged an order worth Rs 51.41 crore from Hindalco Industries for construction related...
- Birlas get 'green' signal for expansion in Orissa
The Aditya Birla group will double capacity at its alumina unit in Orissa after receiving environmental clearance.
- Hindalco mulls Rs 21,000-cr capex, promoters to hike stake
Hindalco has drawn-up a Rs 21K cr capex plan for the next two-years even as its promoters are looking at increasing their stake in the comp...
- Hindalco may borrow Rs 14k cr to step up aluminium capacity
Hindalco Industries plans to borrow about Rs 14,000 crore in the next couple of years to build two new plants that will treble its aluminiu...
- Kumar Birla hopeful of completion of integrated aluminium complex in time
Aditya Birla Group chairman, Mr Kumar Mangalam Birla is very hopeful of completion of the Rs 4,500-crore alumina refinery plant coming up a...
- Hindalco mops up $600 m via QIP
Funds from the QIP issue will be utilised to part finance three greenfield projects.
- Hindalco to raise Rs 2,900 cr to part-fund 3 new projects
Hindalco Industries, part of the Aditya Birla group, on Monday initiated the process of raising up to Rs 2,900 crore by selling shares to i...
- Hindalco to keep expansion plans going
All expansion programmes of Hindalco Industries, the flagship company of the Aditya Birla group, are on track and won’t be scaled down.