Business Standard

Hindalco

Adani, Hindalco show interest in Hindustan Copper's Jharkhand mines

The interest from Adani Enterprises and Hindalco Industries, two of India's leading industrial conglomerates, highlights the potential and attractiveness of these mines

Adani, Hindalco show interest in Hindustan Copper's Jharkhand mines
Updated On : 24 Jun 2024 | 11:57 PM IST

Hindalco Industries defers Novelis IPO in US, citing market conditions

US subsidiary of Hindalco Industries says it will continue evaluate timing of the offering

Hindalco Industries defers Novelis IPO in US, citing market conditions
Updated On : 05 Jun 2024 | 11:54 PM IST

Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall

The delay will likely have a short-term negative impact on Hindalco, said Sneha Poddar, associate vice president at Motilal Oswal Financial Services

Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall
Updated On : 05 Jun 2024 | 11:54 AM IST

Hindalco slumps 6% on deferring Novelis IPO amid valuation concerns

Novelis Inc, Hindalco Industries' US subsidiary, postponed its initial public offering (IPO) for the time being due to market conditions, the company said in an exchange filing today

Hindalco slumps 6% on deferring Novelis IPO amid valuation concerns
Updated On : 05 Jun 2024 | 11:45 AM IST

Stocks to watch on June 05: Ztech India, SBI, GPT Infra, TaMo, Hindalco

Stocks to watch on June 05: Ztech India will list on NSE Emerge today. Its Rs 37.3 crore IPO, entirely fresh issue of 33.91 lakh shares was subscribed 371 times by investors

Stocks to watch on June 05: Ztech India, SBI, GPT Infra, TaMo, Hindalco
Updated On : 05 Jun 2024 | 7:28 AM IST

Stocks to watch on May 29: RIL, NBCC, Hindalco, IRCTC, Grasim Industries

Stocks to watch on May 29: NBCC's Q4FY24 revenues surged by 43.1 per cent year on year (YoY) to Rs 4,025 crore compared to Rs 2,813 crore in Q4FY23

Stocks to watch on May 29: RIL, NBCC, Hindalco, IRCTC, Grasim Industries
Updated On : 29 May 2024 | 7:25 AM IST

Strong performance in Q4 leads to upgrades for Hindalco Industries

The strong show across metals and value-added products, plus higher margins in Novelis indicates good trends

Strong performance in Q4 leads to upgrades for Hindalco Industries
Updated On : 27 May 2024 | 10:56 PM IST

Hindalco Q4 results: Net profit rises 31.6% to Rs 3,174 crore, revenue flat

Hindalco Q4 FY24 results: The company's board recommended final dividend of at Rs 3.50 per share for the year ended March 31, 2024

Hindalco Q4 results: Net profit rises 31.6% to Rs 3,174 crore, revenue flat
Updated On : 24 May 2024 | 6:07 PM IST

Hindalco bidding for two nickel, cobalt mines in Maharashtra, K'taka: MD

Aditya Birla Group firm Hindalco Industries on Friday said it is in the process of bidding for two nickel-cobalt mineral blocks in Maharashtra and Karnataka. Speaking to the media, Hindalco Industries Managing Director Satish Pai said the company is not scouting for any critical mineral blocks overseas as there are a lot of blocks that have been put up for sale in India. "We are bidding for two nickel cobalt mines," he said. Critical minerals such as copper, lithium, nickel, cobalt, and rare earth elements are essential components in many of today's rapidly growing clean energy technologies -- from wind turbines and electricity networks to electric vehicles. "We are participating in those auctions. Because we believe there are quite a few interesting mines in India that have not been explored, so the government is coming up with nickel-cobalt mines, lithium mines, copper mines, and we are going to focus more on India than going overseas," he said. The company, he said, had bid for

Hindalco bidding for two nickel, cobalt mines in Maharashtra, K'taka: MD
Updated On : 24 May 2024 | 5:42 PM IST

Q4 results today: Hindalco and Bosch among 252 firms to post earnings

Company Q4 FY24 results today: Ashok Leyland and Zee Media Corporation are among some of the major companies to release their earnings report for the fourth quarter ending on March 31, 2024

Q4 results today: Hindalco and Bosch among 252 firms to post earnings
Updated On : 24 May 2024 | 10:54 AM IST

BSE Metal index surges 3% as base metals climb to multi-year highs

Metal stocks top performers: Here's why metal stocks were in demand on the Dalal Street on Wednesday.

BSE Metal index surges 3% as base metals climb to multi-year highs
Updated On : 24 Apr 2024 | 1:18 PM IST

Hindalco, JSW, Tata Steel: Tech charts hint at mixed outlook for metal stks

The NSE Metal index has rallied 3% so far this week, while the Nifty has edged 0.2% higher. Technical charts suggest select frontline metal shares can rally another 14% from present levels.

Hindalco, JSW, Tata Steel: Tech charts hint at mixed outlook for metal stks
Updated On : 21 Mar 2024 | 12:38 PM IST

Home business grows faster than overseas for India's biggest MNCs

These companies' revenues in India have grown at a faster pace than their overseas revenues. As a result, the contribution of Indian business to consolidated revenues has steadily increased

Home business grows faster than overseas for India's biggest MNCs
Updated On : 27 Feb 2024 | 12:13 AM IST

Novelis IPO in US SEC: A potential booster for base metals major Hindalco

The monetisation proceeds could be used to fund ongoing capex for Novelis' Bay Minette facility

Novelis IPO in US SEC: A potential booster for base metals major Hindalco
Updated On : 21 Feb 2024 | 10:38 PM IST

Stocks to Watch today: Zee, Hindalco, RIL, Tata Power, Paytm, TVS Supply

Stocks to watch on Wednesday, February 21, 2024: In news today - Sebi finds Rs 2,000 cr fund diversion in Zee; Hindalco arm files IPO papers in US; Rolls Royce extends pact with TVS Supply Chain.

Stocks to Watch today: Zee, Hindalco, RIL, Tata Power, Paytm, TVS Supply
Updated On : 21 Feb 2024 | 8:04 AM IST

Hindalco Industries subsidiary Novelis files draft papers for US IPO

Novelis will not receive any proceeds from share sale

Hindalco Industries subsidiary Novelis files draft papers for US IPO
Updated On : 21 Feb 2024 | 12:47 AM IST

Analysts hopeful for Hindalco despite Novelis' capex revised upwards

Analysts maintained consensus 'buy' rating on Hindalco though the stock lost over 12 per cent post Q3 on Tuesday, mainly due to the sharp increase in Novelis' capex, and ended flat on Wednesday

Analysts hopeful for Hindalco despite Novelis' capex revised upwards
Updated On : 15 Feb 2024 | 12:16 AM IST

Adani Group, Hindalco, Eicher: Five stocks to watch out for on Wednesday

Stocks to watch on Wednesday, February 14, 2024: Shares of Adani Group are likely to be in focus as ratings agency Moody's upgraded outlook on four of the group companies.

Adani Group, Hindalco, Eicher: Five stocks to watch out for on Wednesday
Updated On : 14 Feb 2024 | 7:48 AM IST

Hindalco Industries Q3 result: Profits rise 71% to reach Rs 2,331 cr

Aditya Birla Group's metal flagship Hindalco Industries on Tuesday reported 71.1 per cent rise in consolidated net profit at Rs 2,331 crore for the quarter ended December 31, 2023. The company had posted a net profit of Rs 1,362 crore in October-December FY23, Hindalco Industries said in a filing to BSE. Total income during the quarter under review dropped to Rs 52,808 crore from Rs 53,151 crore in the year-ago period. Hindalco is the world's largest aluminium company by revenues and a major player in copper. It caters to more than half of the country's copper requirement.

Hindalco Industries Q3 result: Profits rise 71% to reach Rs 2,331 cr
Updated On : 13 Feb 2024 | 2:49 PM IST

Hindalco tanks 15% post Novelis December quarter results

Novelis has significantly increased its planned capex spends for its green field expansion at Bay Minette plant from $2.7-2.8 billion to $4.1 billion.

Hindalco tanks 15% post Novelis December quarter results
Updated On : 13 Feb 2024 | 10:12 AM IST