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NOVELIS FIRE IMPACT
'Higher-for-longer' aluminium cycle to lift producer stocksIndian aluminium giants Vedanta Aluminium and Hindalco Industries are poised for significant gains, with analysts predicting around 20% gro...
Hindalco to deliver a robust show, Novelis will turn around in FY27: Satish PaiHindalco's managing director anticipates a stronger performance this fiscal year, with aluminium prices expected to remain high until late ...
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...
US rejects aluminum tariff relief request from Ford, WSJ reportsThe U.S. government has rejected requests from Ford Motor and other automakers for relief from aluminum tariffs, despite supply disruptions...
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 shares in focus as Novelis’ Oswego fires delay restart, dent Rs 14,000 crore cash flowsHindalco shares may face pressure after Novelis delayed the restart of its Oswego plant following fire incidents, impacting around Rs 14,40...
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...
Fire breaks out at Hindalco's New York plant, second time in over two monthsA fire occurred at Hindalco Industries' Novelis plant in New York. This is the second fire incident at the plant in just over two months. F...
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...
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...
Hindalco sees up to $650 million impact from fire at Novelis Plant in USA fire at Hindalco's Novelis aluminium recycling plant in New York will affect its cash flow. The impact is projected to be between $550 mi...
Ford stock surges after Q3 earnings beat expectations despite Novelis plant fire hitting guidance - here's what investors need to knowFord stock saw a significant rise following better-than-expected third-quarter financial results. However, a fire at an aluminum plant will...
Fire at Ford supplier set to disrupt business for months: ReportA fire at Novelis' Oswego plant, a key supplier of aluminum to Ford and other automakers, will cause disruptions for months. Ford is expect...
Fire at Hindalco's Novelis plant in New York; production haltedHindalco Industries announced a halt in production at its Novelis plant in Oswego, New York, following a fire on September 16, 2025. The co...