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NOVELIS SCRAP PRICES
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 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...
Vedanta, Hindalco just got upgraded by JP Morgan: How Iran war may benefit these 2 metal stocksJPMorgan upgraded Hindalco Industries and Vedanta to overweight, citing higher aluminium prices driven by West Asia tensions. The move boos...
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 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...
Trump impact neutral to positive for Novelis: Satish Pai, Hindalco MDHindalco Industries' MD Satish Pai indicated that US tariffs on aluminium will likely have a net neutral to positive impact on Novelis. Nov...
US aluminium tariff impact neutral to positive for Novelis, says Hindalco MD Satish PalThe US tariff on aluminium will have a net neutral to positive impact on Novelis, according to Hindalco Industries' managing director Satis...
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...
Novelis Q3 Results: Net income down 9% YoY to $110 million, sales rise 4%Novelis Q3 Results: Novelis Inc, Hindalco’s subsidiary, reported a 9% YoY drop in Q3 net income to $110 million, with adjusted EBITDA down ...
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...
Add Hindalco Industries, target price Rs 790: ICICI SecuritiesICICI Securities has downgraded its rating for Hindalco Industries to 'add' from 'buy', lowering the target price to Rs 790 from Rs 830. De...
Hindalco Q2 Results: Standalone net profit soars 123% YoY to Rs 1,891 crore, beats estimatesHindalco Q2 Results: Profit exceeded the Street estimate of Rs 1,294 crore, with revenue from operations rising 8% YoY to Rs 22,262 crore i...
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 a compelling investment case, says HSBCThe management clearly stated its intention not to infuse further capital in Idea.
Rising recycling spread over LME prices to helpNovelis contributed almost 60 per cent of Hindalco’s consolidated operating profit (EBIDTA) in FY18.
Advantage Novelis from rising spread between recycled prices of the metal and trading quotes at LMEOther than US, Novelis also has operations in Brazil where it is expected to benefit from the weak Brazilian currency, which has fallen 12%...
Crisil lowers Hindalco Industries' long-term debt ratingCrisil downgraded Hindalco's long-term debt rating to ‘AA/Stable’ from ‘AA+/ Stable’, citing slow ramp-up of volumes at its greenfield proj...
- Hindalco growth to be driven by new project, Novelis
Key growth driver for Hindalco is the commissioning of a new project this fiscal after a long delay and its international subsidiary, Novel...