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NOVELIS OPERATIONAL DISRUPTIONS
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explodeMorgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable al...
Hindalco sees 5% rise in raw material costs, stays confident on key customersHindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novel...
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 Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividendHindalco Q4 Results: Hindalco on Friday reported a 51% year-on-year (YoY) decline in its consolidated net profit at Rs 2,597 crore in the f...
Stocks in news: Lenskart, Apollo Hospitals, ZEE, BPCL, HindalcoIndian markets navigated a sideways trend, with analysts urging caution until the 24,000 mark is reclaimed. Key stocks like Lenskart, Apoll...
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 denies extrusions operations halt report; says overall operations largely unaffectedHindalco Industries assures stakeholders that its aluminium extrusions division is fully operational. A standard communication went out reg...
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...
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...
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...
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...
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 ...
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...
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...
Hindalco stock correction opens up a buying opportunityExperts view the recent drop in Hindalco Industries' share price as a buying opportunity, citing strong fundamentals. Despite a recent dip ...
Hindalco onboards Ananya Birla, Aryaman Birla as additional non-executive DirectorsThe Board of Hindalco Industries approved the appointment of Ananya Birla and Aryaman Vikram Birla as Additional Non-Executive Directors of...
EBITDA at both copper and aluminium divisions beat estimates: Aditya Welekar"Aluminium is a dollar denominated commodity. In the US, the trade rates are expected to peak out. From that perspective, aluminium will ha...
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.