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Novelis to begin shipping from US Aluminium unit in June quarterThe plant is currently being commissioned and is expected to begin shipments in the June quarter of the next fiscal year, Novelis said in i...- 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...
- Hindalco lines up potential Rs 1 lakh cr investment in IndiaHindalco Industries plans a substantial Rs 50,000 crore investment over three years. An additional Rs 50,000 crore in growth opportunities ...
- Hindalco to infuse $750 million equity into US unit NovelisHindalco Industries will infuse $750 million equity and raise debt to support its US arm Novelis after a fire hit its Oswego unit. The fund...
- Hindalco shares rally 3% as Q1 profit surges 30% YoY. Should you buy, sell or hold?Hindalco's net profit jumped 30% YoY to Rs 4,004 crore in Q1 on strong domestic performance. Brokerages remain divided, Motilal Oswal and N...
- Hindalco shares drop 2% after Novelis' Q1 net income drops 36% to $96 millionHindalco Industries' shares dropped after Novelis Inc, its US subsidiary, reported a 36% drop in net income to $96 million for Q1FY26. Desp...
- ‘Trump Factor’ can disproportionately influence 2025, says Kumar Mangalam BirlaKumar Mangalam Birla, chairman of the Aditya Birla Group, highlighted the significant influence Donald Trump’s presidency could have on glo...
- Novelis IPO to be taken up once conditions are right for premium valuation, says Hindalco MD Satish PaiHindalco Industries will delay the IPO of its US subsidiary Novelis until market conditions improve and performance meets expectations for ...
- Hindalco stock correction opens up a buying opportunityExperts view the recent drop in Hindalco Industries' share price as a buying opportunity, citing strong fundamentals. Despite a recent dip ...
- Hindalco to list Novelis only at its desired valuation, says MD Satish PaiHindalco Industries will list its US subsidiary Novelis only at a desired valuation, delaying the IPO due to market conditions. The company...
- Hindalco to pump in USD 10 billion for expansion in India, US: KM BirlaHindalco is currently evaluating a nearly 200,000 tonne-brownfield expansion at its Aditya Aluminium smelter in Odisha, which will be subst...
- DAM Capital initiates coverage on Hindalco with buy rating, sees 37% upsideBrokerage firm DAM Capital gave Hindalco a 'Buy' rating, targeting a price of Rs 905. The firm highlighted Hindalco's strong aluminium and ...
- Hindalco to spend nearly $7 billion on capex in 3-5 yearsHindalco Industries plans to invest $7 billion in capital expenditure over three-five years, focusing on Novelis and Hindalco India. The Ba...
- Motilal Oswal raises target price for Hindalco, sees upside potential of 15%Hindalco's target price raised to Rs 800 by Motilal Oswal as they plan a USD 6.9 billion capex for capacity expansion.
- Novelis may go for up to $1.5 billion IPO in JuneThe wholly-owned subsidiary of Hindalco Industries intends to list its shares on the New York Stock Exchange under the symbol “NVL”.
- Hindalco arm Novelis eyes US IPO, files papersThe company is wholly owned by Hindalco through its subsidiary AV Minerals (Netherlands) NV, which will offload shares for the public offer...
- Hindalco crashes over 12% on capex surge at NovelisUS-based Novelis Inc – a subsidiary of the company - said that the company will now spend $4.1 billion on the integrated rolling and recycl...
- Novelis may take bridge loans for higher capex, says Hindalco MDNovelis, a subsidiary of Hindalco, will now spend $4.1 billion on its integrated recycling and rolling plant being set up in Bay Minette, U...
- Hindalco's US-based subsidiary Novelis to invest $2.5 billion in a new plantThe new facility will have an initial capacity of producing 600,000 tonnes of finished aluminium goods a year and will be the Aditya Birla ...
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