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NOVELIS EARNINGS IMPACT
Hindalco shares decline 2% as Q4 profit falls 51%. Here’s what Nuvama and other brokerages saidHindalco Industries' shares dipped after reporting a 51% YoY decline in net profit to Rs 2,597 crore for the March quarter, despite a 20% r...
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...
Novelis sees bigger cash flow hit from Oswego fire, posts $84m lossNovelis anticipates a greater impact on its cash flows due to fires at its Oswego unit. The company will, however, restart the hot mill ahe...
For investors who can think beyond war and austerity measures: 5 large-caps from different sectors with upside potential of 31%A bounce-back after a correction should not be confused with the disappearance of risk. Geopolitical tensions may have faded from daily hea...
US tariffs on metals and pharma: Which Indian stocks are safe and which aren't: Sudip BandyopadhyayIndian equity markets face policy risks from US tariffs and West Asia conflict. These issues impact metals and pharmaceutical sectors. Expe...
Hindalco to infuse about $250 million more into NovelisHindalco Industries will invest an additional $200-250 million in its subsidiary Novelis. This follows two fires at Novelis' Oswego unit. T...
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...
Trial by fire: Novelis may see bigger cash flow hitIn the wake of a second devastating fire at its Oswego facility, Novelis Inc. has revised its expectations dramatically, now forecasting a ...
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...
Hindalco shares drop 6% after Novelis flags $550–650 million cash flow hit from New York plant fireHindalco Industries shares fell over 6% after its US subsidiary Novelis said a fire at its New York plant will dent FY26 free cash flow by ...
Novelis says September fire at New York plant to hit FY26 cash flow up to $550-650 mnNovelis anticipates a significant financial hit from a September fire at its New York plant. The company expects free cash flow to decrease...
Novelis expects cash flow impact of up to $650 mn from Oswego fireNovelis anticipates a $550-$650 million negative impact on free cash flows this fiscal due to a September fire at its Oswego unit. The comp...
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...
Hindalco Q1 profit rises 30% as Novelis outlook brightens for H2Hindalco’s Q1 profit rose 30% to ₹4,004 crore on higher revenue, while Novelis faced a 36% net income drop. Management expects scrap price ...
Hindalco Q3 Preview: Cons PAT may surge 82% YoY on strong profitability, Novelis outlook eyedEarnings before interest, taxes, depreciation and amortisation or EBITDA is expected to grow by 67% YoY to Rs 5,841 crore, but the topline ...
Hindalco US arm to face margin pressure for 2-3 quarters, says Kotak EquitiesHindalco Industries subsidiary, Novelis, is expected to face margin pressures due to factors such as weak demand in the building and constr...
EU antitrust regulators' move could hurt HindalcoHowever, from an overall cash flow perspective, the company’s stock may not be highly impacted.
Novelis cash flow to reduce parent Hindalco debtHindalco’s US subsidiary Novelis will play a significant role in reducing the parent's massive debt as it trims its capital expenditure and...
- Novelis’ $1.8-bn Q3 loss to have limited impact on Hindalco
Novelis has reported a net loss of $1.8 bn in the third quarter ended December 31, 2008 owing largely to a goodwill loss of $1.5 bn, a fall...
- Dip in Novelis’ goodwill may hit Hindalco’s profit
Two years after its high-profile Novelis acquisition, which catapulted Hindalco to the world’s fifth-largest aluminium maker’s slot, the Ad...