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Hindalco shares drop 2% after Novelis' Q1 net income drops 36% to $96 millionHindalco Industries' shares dropped after Novelis Inc, its US subsidiary, reported a 36% drop in net income to $96 million for Q1FY26. Desp...
We are seeing robust demand in auto, Can segment: Satish Pai, HindalcoSo that is what is keeping the commodity prices a little bit depressed. On the macroeconomic side, in the second half of this year, we are ...
Hindalco shares down despite healthy Q1 show! What should investors do?Hindalco said its results were driven by better macros, robust performance of aluminium downstream and copper businesses along with better ...
Accumulate Hindalco Industries, target price Rs 580: Prabhudas LilladherHindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 94695.86 Crore) operating in Met...
Buy Hindalco Industries, target price Rs 634: ICICI SecuritiesHindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 116729.24 Crore) operating in Me...
Novelis to offer $595-mn Euro-denominated senior green notesThe €500 million in aggregate principal amount notes will be offered in a private offering, the company said in a press statement on Monday.
Hindalco will be back to pre-covid levels by the second half of FY21: Kumar Mangalam Birla“At Novelis (Hindalco’s wholly owned subsidiary) too all plants are operational, and many are now running at their full capacity. All the a...
Hindalco climbs 9% on completion of Aleris acquisitionHindalco cemented its position as the world's largest producer of value-added aluminium products.
Hindalco closes $2.8 billion deal to acquire AlerisThis comes at a time when the metals and mining sector is undergoing a severe downturn and tepid demand growth globally.
Birla group plans $5-bn capex over next three yearsKumar Mangalam Birla said investment of $5 bn over the next three years has been planned across businesses.
Hindalco to mostly look at organic growth: Satish PaiThe only slight negative is when you put the extra 10% on the customs duty, some of our input costs will go up. But we should be able to ma...
Novelis taps Asian banks to refinance $1.8 billion term loansNovelis is the Atlanta headquartered arm of Aditya Birla group flagship Hindalco.
Aluminium prices can’t get lower: Debnarayan Bhattacharya, Hindalco MDThe global commodities markets, including the aluminium industry, are going through a challenging phase as Chinese consumption slows down.
Aluminium business likely to make a comeback in 6-8 months: Debu Bhattacharya, MD, Hindalco
Pricing pressure to weigh on Hindalco unless aluminium prices recoverHindalco is unlikely to do well unless aluminium prices recover or the company gets clearance for its captive coal blocks in Madhya Pradesh.
- Aditya Birla Group launches Rs 250 cr R&D Centre
Aditya Birla Group formally launched a dedicated R&D centre which will handle research and development activities for the group companies i...
- Hindalco slumps for third straight session
Hindalco Industries took a drubbing for a third straight day as investors dumped its shares after the company posted a 78 percent slump in ...