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HINDALCO NOVELIS EBITDA
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 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 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's India segment shines as profit and revenue hit record highsHindalco Industries achieved its highest ever revenue and profit for India operations in the March quarter. The company's India business de...
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...
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...
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's 30% net jump in June quarter puts Novelis revival in strong focusHindalco Industries, which reported consolidated earnings on Tuesday, posted a 30% rise in consolidated net profit for the June quarter at ...
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 results preview: PAT may jump 62% YoY; Novelis to be a dampenerHindalco is expected to see a 62% YoY rise in PAT for Q3, driven by strong aluminum and alumina prices, despite lower profitability in Nove...
Novelis IPO to be taken up once conditions are right for premium valuation, says Hindalco MD Satish PaiHindalco Industries will delay the IPO of its US subsidiary Novelis until market conditions improve and performance meets expectations for ...
Hindalco defers Novelis’ $945 mn US listingHindalco Industries has postponed the proposed $945-million listing of Novelis Inc due to concerns about potentially below-premium valuatio...
Hindalco's arm Novelis files draft papers for US IPOIn the IPO, the common shares are expected to be offered by Novelis’ sole shareholder. Novelis will not receive any proceeds from the IPO a...
Q3 results today: Hindalco Industries, BHEL, IRCTC among 500 companies to announce earningsOn Monday, over 299 companies announced their December quarter earnings which included the likes of NHPC, Coal India, 63 Moons Technologies...
Hindalco posts first loss in 18 quarters, but maintains sales volumes: key Q1 takeawaysHindalco said it has been mitigating the impact of the pandemic through planned initiatives.
Hindalco Q3 results: Profit plunges 24% to Rs 1,062 crore; top line drops 12%Pai said that Hindalco’s strategic expansion projects in India and Novelis are on track.
EU antitrust regulators' move could hurt HindalcoHowever, from an overall cash flow perspective, the company’s stock may not be highly impacted.