|Bid||195.75 x 0|
|Ask||196.45 x 0|
|Day's range||193.40 - 200.20|
|52-week range||182.55 - 259.70|
|Beta (3Y monthly)||0.77|
|PE ratio (TTM)||7.95|
|Forward dividend & yield||1.20 (0.58%)|
|1y target est||305.58|
Aluminium producer Hindalco Industries Ltd posted a 34.4 percent drop in third-quarter profit on Tuesday, hurt by increase in input costs, mainly of coal and furnace oil. Standalone net profit after tax ...
Aluminium producer Hindalco Industries Ltd posted a 21.4 pct decline in Sept-quarter net profit on Friday, dragged down by rising input costs, but marginally beat estimate. Standalone profit after tax ...
TOKYO/NEW DELHI (Reuters) - Indian aluminium makers including Hindalco Industries and Vedanta Ltd are boosting sales to Japan as U.S. sanctions against Russia's Rusal and import tariffs shake up traditional supply routes. India's product has generally not been regarded as high enough quality by Japan's demanding buyers, who have preferred top-tier producers like Rio Tinto, Alcoa and South32 as well as United Company Rusal. However, imports of aluminium ingot from India doubled in the first eight months of 2018 from a year ago, Japanese trade data shows, while imports of alloy - which include higher-value products - surged 11-fold off a tiny base.
This article is intended for those of you who are at the beginning of your investing journey and want to learn about the link between company’s fundamentals and stock marketRead More...
Aluminium producer Hindalco Industries Ltd posted a 43 percent jump in first-quarter profit on Friday, but missed analysts' estimates. Profit was 4.14 billion rupees in the three months through June 30, ...
Indian shares jumped to record closing highs on Friday, driven by gains in heavyweight ITC Ltd on the back of strong quarterly results, while banks extended rally after lenders lined up to enrol for a ...
Novelis Inc. is sticking to a bet that automakers will want lightweight aluminum to make cars more efficient, even as the Trump administration pushes to roll back mileage rules. Atlanta-based Novelis agreed this week to acquire Aleris Corp., a maker of aluminum products used in everything from automobiles to packaging, for $2.6 billion on Thursday. Novelis Chief Executive Officer Steve Fisher said in an interview that he thinks the rising aluminum demand will withstand the current U.S. efforts.
India's Hindalco Industries Ltd said its U.S. unit Novelis Inc has agreed to buy aluminium processor Aleris Corp for $2.6 billion, giving it a foothold in supplying the aerospace industry and other value-added businesses globally. Hindalco, which is owned by Indian conglomerate Aditya Birla Group, expanded into the value-added aluminium business when it acquired aluminium re-rolling company Novelis for $5.9 billion in 2007. The deal for Aleris will be the group's biggest acquisition since then and will increase the production capacity of Novelis - one of the world's biggest suppliers of aluminium sheets for beverage cans and car parts - by nearly a quarter to 4.4 million tonnes, Hindalco said at a press conference on Thursday to announce the deal.
Since Hindalco Industries Limited (NSE:HINDALCO) released its earnings in March 2018, it seems that analyst forecasts are fairly pessimistic, with profits predicted to drop by -7.42% next year relative toRead More...