|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||241.55 - 249.95|
|52-week range||192.50 - 283.95|
|PE ratio (TTM)||9.07|
|Forward dividend & yield||1.20 (0.49%)|
|1y target est||299.25|
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.
Mumbai, July 26 (IANS) Aluminium rolling company Hindalco on Thursday said that its wholly owned subsidiary Novelis Inc has entered into an agreement to purchase Aleris Corporation for $2.58 billion in a debt finance deal. Aleris is a global aluminium rolled products major, headquartered in the United States. The acquisition is subject to customary closing conditions and regulatory approvals.
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...
ICICI Direct is bullish on Hindalco Industries has recommended buy rating on the stock with a target price of Rs 275 in its research report dated May 17, 2018.
Novelis expects to begin expanding its existing facility in 2018 in order to be operational by 2020
Mumbai, May 16 (IANS) Aditya Birla Group company Hindalco Industries on Wednesday reported a 25 per cent fall in its standalone net profit for the quarter ended in March. In a regulatory filing to the BSE, the company said its standalone net profit declined to Rs 376.97 crore during the fourth quarter of 2017-18, against Rs 502.52 crore reported in the corresponding period of 2016-17. For the financial year 2018, the company reported a fall of 7.73 per cent in its standalone net profit at Rs 1,436.49 crore.
Its revenue from operations, however, rose to Rs 11,681 crore from Rs 11,026 crore reported during the corresponding quarter of last year.
Aluminium producer Hindalco Industries Ltd posted a 25 percent fall in its fourth-quarter profit, widely missing street estimate. The company's profit dropped to 3.77 billion rupees in the three months ...
India's top aluminium producer Hindalco Industries Ltd reported a 17.7 percent rise in quarterly profit on Friday, helped by higher metal prices. Profit rose to 3.77 billion rupees in the third quarter ...
Mumbai, Nov 3 (IANS) Aditya Birla Group company Hindalco Industries on Friday reported a 10.68 per cent fall in its standalone net profit to Rs 393 crore for the second quarter (Q2) ended on September 30. "The overall domestic demand from user industries remained subdued in July and August, but signs of improvement were visible in September," Hindalco said in a statement. On the BSE, the scrip of Hindalco Industries closed lower by 0.61 per cent at Rs 268.50 per share.
Mumbai, Nov 3 (IANS) Aditya Birla Group company's Hindalco Industries Ltd on Friday reported a 10.68 per cent fall in its standalone net profit to Rs 393 crore for the second quarter (Q2) ended on September ...