Searched for
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 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–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...
Q3 results today: Hindalco among 460 companies to announce earnings on ThursdayAbout 460 companies are set to announce their Q3 earnings, including Hindalco and SJVN. Hindalco is expected to show robust growth, with a ...
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...
Hindalco arm Novelis raises $750 million via 5-year bondsNovelis Inc., Hindalco’s overseas arm, raised $750 million through 6.88% five-year bonds. Proceeds will repay $738 million in credit facili...
Hindalco Q1 results today: Here's what to expectHindalco Q1 results today: Hindalco may report an 11% YoY revenue growth with profits expected to rise 39% YoY. Analysts emphasized strong ...
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 Q3 Preview: Cons PAT may surge 82% YoY on strong profitability, Novelis outlook eyedEarnings before interest, taxes, depreciation and amortisation or EBITDA is expected to grow by 67% YoY to Rs 5,841 crore, but the topline ...
Hindalco Q1 Results: Consolidated PAT slumps 40% YoY to Rs 2,454 crore; sales drop 9%On the standalone level, the net profit plunged 59% on year to Rs 600 crore, but was tad higher than the ET Now poll of Rs 590 crore. Sales...
Hindalco to stay muted for some time; we will wait for better entry point: Aditya Welekar“Novelis is definitely impacted by the destocking in the beverage can segment and the management has pointed out that this impact is likely...