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HINDALCO CAPITAL EXPENDITURE
Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net lossHindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash...20 May, 2026, 09.24 AM IST- Novelis Q2 net income rises 27% YoY to $163 million on higher aluminium pricesNovelis Inc., a Hindalco subsidiary, reported a 27% year-on-year net income growth to $163 million for the September quarter, despite a fir...04 Nov, 2025, 08.31 PM IST
- Novelis Q1 Results: Net income slumps 36% to $96 million, sales sees 13% growthNovelis Inc, the wholly-owned subsidiary of Hindalco Industries, has reported a 36% year-on-year fall in its net income for the June quarte...12 Aug, 2025, 05.42 PM IST
- Hindalco eyes up to Rs 8,000 crore in capex spending this fiscalHindalco Industries, a metal flagship of Aditya Birla Group, has announced a capital expenditure target of Rs 7,500-Rs 8,000 crore for the ...26 May, 2025, 05.02 PM IST
- Hindalco to spend Rs 4,500 crore on EV components as part of capexHindalco Industries plans to allocate approximately 10% of its ₹45,000 crore capital expenditure to electric vehicle components. This inclu...26 Apr, 2025, 12.40 AM IST
- Hindalco eyes 40% of its earnings from downstream ops in 4 years: Satish PaiHindalco's downstream operations are expected to constitute 30-40% of its Ebitda within three to four years, significantly up from the curr...21 Mar, 2025, 01.04 AM IST
- India's Hindalco plans to enter solar module manufacturing, sources sayHindalco Industries, part of the Aditya Birla Group, plans to enter solar module manufacturing with a new plant in Gujarat. The company is ...17 Sep, 2024, 10.29 PM IST
- Hindalco share price surges 5% after US subsidiary Novelis files for IPOHindalco share price: Hindalco share price surged nearly 5% to Rs 536 in Wednesday's intraday trade on BSE after the firm’s subsidiary Nove...21 Feb, 2024, 12.40 PM IST
- 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...21 Feb, 2024, 06.43 AM 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 to reconsider its capex plans amid global headwindsThe Aditya Birla group company will now prioritise projects worth $3.3 billion at its US subsidiary Novelis over 2024-28 (April-March), whi...06 Apr, 2023, 12.34 AM IST
- Hindalco earmarks about $8 billion capex over next 5 yearsBirla further said that 70 per cent of the company's consolidated cash flows will be allocated towards high-growth downstream segments , in...23 Aug, 2022, 09.47 PM IST
- Hindalco outlines debt reduction strategy; board of directors approves amendment in dividend policy“Allocation toward Growth Capex is considered at $2.5-3 billion over the next five years. It will be ensured that all new investments are i...23 Feb, 2021, 04.56 PM IST
- 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.25 Sep, 2014, 03.53 AM IST
- Hindalco $982-million loan terms revisedHindalco has reached an agreement with the lenders to relax the terms on a $982 mn loan taken last year to part-finance the acquisition of ...02 Jul, 2009, 09.36 PM IST
- BNP Paribas puts 'reduce' on HindalcoBNP Paribas initiates coverage on Hindalco Industries with a ‘reduce’ rating .20 Oct, 2008, 06.50 AM IST
- STCI assigns 'outperformer' to Hindalco; target Rs 180Novelis recorded a volume growth of 2.7 per cent year on year at 0.79 million tonne in March’08 compared to 0.77 million tonne in March’07.23 Jun, 2008, 03.16 PM IST
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