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...
13 Feb, 2026, 09.36 AM IST
Hindalco–Novelis outlook: Near-term noise, long-term structural strength intact: Aditya WelekarHindalco outlook remains positive despite near-term headwinds at Novelis, says Axis Securities AVP Aditya Welekar. Bay Minette capex overru...
29 Dec, 2025, 09.11 AM IST
Hindalco Q1 Results: Cons PAT jumps 30% YoY to Rs 4,004 crore; revenue rises 13%Hindalco Q1 Results: Revenue from operations for the quarter stood at Rs 64,232 crore, up 13% from Rs 57,013 crore in the corresponding qua...
12 Aug, 2025, 03.08 PM IST
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...
12 Aug, 2025, 09.26 AM IST
Hindalco's arm Novelis eyes $300 mn savings, profitability boost from FY28Hindalco-owned Novelis expects $300M in cost savings from 2027-28, driven by operational efficiencies and SG&A initiatives. Two-thirds of t...
02 Apr, 2025, 04.23 PM IST
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 ...
12 Nov, 2024, 03.23 PM IST
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...
23 Aug, 2024, 03.16 PM IST
Hindalco to spend $10 billion on expanding operations in India and US: KM BirlaHindalco Industries plans to invest $10 billion in expanding its capacities across India and its US subsidiary Novelis Inc, as announced by...
23 Aug, 2024, 12.10 AM IST
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...
22 Aug, 2024, 07.43 PM IST
Hindalco net debt negative in India; in Q2, EBITDA per tonne to come in a bit lower than in Q1: Satish PaiHindalco reported higher-than-expected sales for the quarter, driven by strong demand and operational efficiency. Consolidated EBITDA soare...
14 Aug, 2024, 11.51 AM IST
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 ...
31 Jul, 2024, 12.27 PM IST
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...
30 Jul, 2024, 08.17 PM IST
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.
11 Jul, 2024, 03.21 PM IST
Why brokerages remain positive on Hindalco stock despite a 14% fall on Novelis shocker?A clutch of brokerages remains optimistic about the long-term story of Hindalco expecting the company to benefit from Novlis capex, over ti...
14 Feb, 2024, 12.06 PM IST
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...
13 Feb, 2024, 04.39 PM IST
Hindalco shares tank 14% on Novelis' Bay Minette return guidance. Should you buy?The company reported net sales at $3.9 billion for the third quarter of fiscal year 2024, which decreased 6% versus the prior year period d...
13 Feb, 2024, 11.42 AM IST
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 ...
11 May, 2022, 07.56 PM IST