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ADITYA ALUMINUM
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Here’s a thing investors in equity need to keep in mind. A large part of the upmove one might see in the next one or two trading sessions w...- Vedanta, Hindalco, other metal stocks rally up to 11% in one week. Should you buy or wait? Here's what analysts sayMetal stocks are experiencing a strong rally. Shares of Adani Enterprises, Hindalco Industries, and Vedanta have surged. Analysts recommend...
- Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
- Hindalco-owned Novelis postpones US IPOOn Tuesday, Novelis, which is owned by the Indian billionaire Kumar Mangalam Birla's Hindalco Industries, announced the postponement of its...
- Aluminum products maker Novelis makes US IPO filing publicThe company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of...
- OMC inks pact with Hindalco to supply raw minerals to alumina refineryThe Odisha Mining Corporation (OMC) has signed an agreement with Hindalco Industries to provide long-term raw material linkage for its refi...
- Billionaire K M Birla to spend $7.2 billion on aluminum demand betThe company owned by billionaire Kumar Mangalam Birla will invest the amount mainly across its businesses in India and North America. It ha...
- US proposes Novelis to divest automotive body sheet biz in North America"Today's proposed divestiture preserves competition in the market for aluminum automotive body sheet and protects automakers and American c...
- US sues to prevent Aditya Birla group subsidiary's acquisition of AlerisA defiant Novelis asserted that it will challenge the lawsuit and is going ahead with its proposed acquisition of Aleris Corporation.
- Kumar Mangalam Birla looks for possible merger with Constellium, Aleris Corp.Deliberations are at an early stage, and Aditya Birla Group hasn’t yet decided whether to proceed with an offer for either business, accord...
- Global aluminium demand will outstrip supply in FY2016: Debu Bhattacharya, Hindalco MDHindalco MD Debu Bhattacharya says the company is placing hopes on aluminium prices and high premium value added products in the coming mon...
- Hindalco profit down 67 per cent on high finance and depreciation costFinance cost shot up 78 per cent to Rs. 601.68 crore, while depreciation and amortization costs went up 77 per cent to Rs. 331.99 crore.
- Hindalco to acquire alumina refinery from NovelisIn 2007, Novelis was acquired by Hindalco Industries and following the merger, Novelis became a wholly owned subsidiary of Aditya Birla Gro...
- Banks rush to fund Hindalco's greenfield projectHindalco, a flagship company of the Aditya Birla group, is in advanced stages of building a 359,000-tonne aluminium smelter plant and a 900...
- AVB Group plans to move part of UK mill to IndiaThe Aditya Birla Group plans to shut part of its aluminum foil making mill in the UK and relocate the plant to its unit near Nagpur.
- Aditya Birla Group plans to shut part of UK aluminium foil mill, relocate it to IndiaThe Aditya Birla Group plans to shut part of its aluminum foil making mill in the UK and relocate the plant to its unit near Nagpur.
- Aditya Birla group scouts for Australian coal mine companies for raw materialThe Aditya Birla group is in negotiations with as many as six thermal coal mine companies in Australia, in its search for raw material asse...
- Aditya Birla buys Kanoria chemicals unit for Rs 830 croreThe deal will make Aditya Birla Group India’s largest producer of chlor-alkali, a critical input in the aluminium sector, Kumar Mangalam Bi...
- Hindalco raises Rs 7,875 cr for aluminum smelter plantHindalco raised the loan from a syndicate of 31 banks on a floating rate basis for a tenor of 12.75 years.
- Govt to impose safeguard duty on aluminum products for 2 yrsThe government is set to impose safeguard duty of up to 35 per cent on some aluminum products for two years to protect the domestic industr...
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