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NOVELIS FIRE
'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 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 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...
- 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...
- 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...
- 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...
- 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 sees up to $1.6 billion impact from fire at unit's New York plantEarlier in the day, Ford Motor flagged that it saw lower production in the fourth quarter due to the Novelis fires, with a partial recove...
- 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...
- 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...
- Novelis expects cash flow impact of up to $650 mn from Oswego fireNovelis anticipates a $550-$650 million negative impact on free cash flows this fiscal due to a September fire at its Oswego unit. The comp...
- 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...
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