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NOVELIS FINANCIAL LOSS
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...20 May, 2026, 01.14 AM IST- Novelis holding company gets $800 million five-year loanNovelis' holding company has secured an $800 million loan. This funding will support equity infusion into Novelis. The capital is needed du...24 Dec, 2025, 09.48 AM IST
- Hindalco shares fall 3% after US unit Novelis reports second fire in two monthsHindalco Industries shares fell after a fire at its US subsidiary Novelis' Oswego plant. This is the second fire at the plant in two months...21 Nov, 2025, 10.52 AM IST
- 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 ...06 Nov, 2025, 10.30 AM IST
- 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...05 Nov, 2025, 03.22 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
- Buy Hindalco Industries, target price Rs 525: JM FinancialHindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 96246.41 Crore) operating in Met...09 Sep, 2022, 10.53 AM IST
- Hindalco Q2 results: Net profit falls 60% YoY to Rs 387 croreConsolidated revenue from operations grew 5.32 per cent YoY to Rs 31,237 crore.10 Nov, 2020, 02.08 PM IST
- Buy Hindalco, target price Rs 225: Kotak Institutional EquitiesAccording to the brokerage, Hindalco’s shares offer attractive riskreward after the recent correction.29 Apr, 2020, 07.12 AM IST
- Novelis Inc's Q3 net dips to USD 12 millionNovelis Inc, a subsidiary of Hindalco Industries, has posted a net loss to $ 12 mn for the quarter ended Dec 31, 2011 against USD 46 mn in ...08 Feb, 2012, 10.15 PM IST
- Hindalco net soars 8-fold to Rs 3,926 crHindalco Industries, the flagship company of Aditya Birla group said its consolidated net profit for the year ended March 2010 grew sharply...05 Jun, 2010, 12.28 AM IST
- Birlas plan to bring Novelis units to IndiaThe Aditya Birla group flagship Hindalco and its Canadian subsidiary, Novelis are planning to relocate some of its European plants to India.02 Jul, 2009, 03.33 AM IST
- Dip in Novelis’ goodwill may hit Hindalco’s profitTwo years after its high-profile Novelis acquisition, which catapulted Hindalco to the world’s fifth-largest aluminium maker’s slot, the Ad...17 Feb, 2009, 12.09 AM IST
- Novelis may trim jobs, productionNovelis, the aluminium giant acquired by Hindalco Industries, is exploring options to rationalise production and cut jobs due to weak deman...20 Nov, 2008, 12.50 AM IST
- Hindalco ties up finance for $6-b Novelis buyoutHaving entered the final lap in its acquisition of Atlanta-based Novelis, the Aditya Birla group has tied up the loose ends to finance the ...12 May, 2007, 01.53 AM IST
- Russia’s Rusal may spoil Hindalco’s partyRussia’s aluminium giant Rusal is exploring options of putting in a counter bid for Novelis.14 Feb, 2007, 02.30 AM IST
- Novelis buy melts HindalcoHindalco chairman Kumar Mangalam Birla admitted that their debt would go up but that the group would maintain it at a ‘comfortable’ level.13 Feb, 2007, 02.03 AM IST
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