HINDALCO.NS - Hindalco Industries Limited

NSE - NSE Real Time Price. Currency in INR
207.30
-2.75 (-1.31%)
At close: 3:29PM IST
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Previous close210.05
Open210.10
Bid0.00 x 0
Ask0.00 x 0
Day's range206.75 - 210.80
52-week range171.10 - 221.20
Volume3,974,048
Avg. volume7,925,017
Market cap462.221B
Beta (5Y monthly)1.15
PE ratio (TTM)10.01
EPS (TTM)20.70
Earnings dateN/A
Forward dividend & yield1.20 (0.57%)
Ex-dividend date14-Aug-2019
1y target estN/A
  • GFG agrees to buy Duffel aluminium plant in Belgium from Novelis
    Reuters

    GFG agrees to buy Duffel aluminium plant in Belgium from Novelis

    GFG Alliance, owned by British commodities tycoon Sanjeev Gupta, has agreed to buy the Duffel aluminium plant in Belgium from Novelis [NVLXC.UL], the group said on Friday. The deal for the plant, which supplies the auto industry and is one of the largest rolling mills in Europe, adds to a string of acquisitions in steel and aluminium across Europe by Gupta's privately-held group. "The deal is consistent with GFG Alliance’s strategy to create an international, vertically integrated aluminium business," GFG said in a statement.

  • Reuters

    EU Commission clears Novelis' acquisition of Aleris, with conditions

    The European Commission said on Tuesday it had approved the acquisition of aluminium automotive body sheets producer Aleris by its larger competitor Novelis on the condition that it sells Aleris's sheets business in Europe. Under EU law, the Commission watches over competition issues in the bloc, and has to approve mergers and acquisitions. "The Commission found that the divested assets constitute a viable integrated business that would enable a suitable buyer to effectively compete with the merged entity.

  • U.S. sues to stop Novelis purchase of Aleris
    Reuters

    U.S. sues to stop Novelis purchase of Aleris

    The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed $2.6 billion purchase of Aleris Corp because of concern over higher prices for aluminium sheet used to make cars. The department said in a statement that the deal would combine two of the four major North American producers of aluminium to make automobile bodies. The department described Ohio-based Aleris as an "aggressive competitor" and said the deal would give Novelis up to 60% of projected domestic capacity.

  • Novelis' $2.6 billion Aleris deal set for EU green light: sources
    Reuters

    Novelis' $2.6 billion Aleris deal set for EU green light: sources

    U.S. aluminium producer Novelis is set to secure EU antitrust approval for its $2.6 billion bid for Aleris, people familiar with the matter said on Thursday. Novelis, which is U.S.-based but owned by India's Hindalco Industries, has agreed to sell Aleris' Belgian plant, the people said, to address European Commission worries that the deal may reduce competition and lead to higher prices, hitting carmakers in particular. The Commission, which is scheduled to decide on the case by Oct. 7, declined to comment.

  • Exclusive: Novelis' $2.6 billion Aleris deal set for EU green light - sources
    Reuters

    Exclusive: Novelis' $2.6 billion Aleris deal set for EU green light - sources

    U.S. aluminium producer Novelis is set to secure EU antitrust approval for its $2.6 billion (£2.1 billion) bid for Aleris, people familiar with the matter said on Thursday. Novelis, which is U.S.-based but owned by India's Hindalco Industries , has agreed to sell Aleris' Belgian plant, the people said, to address European Commission worries that the deal may reduce competition and lead to higher prices, hitting carmakers in particular. The Commission, which is scheduled to decide on the case by Oct. 7, declined to comment.

  • Novelis offers concessions to address EU concerns about Aleris deal
    Reuters

    Novelis offers concessions to address EU concerns about Aleris deal

    U.S. aluminium producer Novelis has offered concessions to address EU antitrust concerns over its $2.6 billion (£2.15 billion) bid for aluminium producer Aleris, a filing on the European Commission website showed on Monday. The Commission has expressed worries about reduced competition and higher prices as a result of the deal, with carmakers in particular feeling the impact. The EU competition enforcer did not provide details of the concessions, in line with its policy.

  • Why You Might Be Interested In Hindalco Industries Limited (NSE:HINDALCO) For Its Upcoming Dividend
    Simply Wall St.

    Why You Might Be Interested In Hindalco Industries Limited (NSE:HINDALCO) For Its Upcoming Dividend

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

  • Exclusive: Novelis must offer concessions or face EU veto to $2.6 billion Aleris deal - sources
    Reuters

    Exclusive: Novelis must offer concessions or face EU veto to $2.6 billion Aleris deal - sources

    U.S. aluminium maker Novelis must offer concessions to European Union competition authorities by Aug. 9 to gain approval for its $2.6 billion takeover of aluminium processor Aleris, sources close to the matter said. The European Commission conducted a four-month investigation of the acquisition and last month set out its concerns over how the deal could hurt competition, particularly for carmakers that use the companies' products. The EU competition enforcer, which is scheduled to decide on the case by Sept. 16, and Novelis declined to comment.

  • Should You Worry About Hindalco Industries Limited's (NSE:HINDALCO) CEO Pay Cheque?
    Simply Wall St.

    Should You Worry About Hindalco Industries Limited's (NSE:HINDALCO) CEO Pay Cheque?

    Satish Pai became the CEO of Hindalco Industries Limited (NSE:HINDALCO) in 2016. This report will, first, examine the...

  • Hindalco Industries Limited (NSE:HINDALCO): Are Analysts Bullish?
    Simply Wall St.

    Hindalco Industries Limited (NSE:HINDALCO): Are Analysts Bullish?

    The latest earnings announcement Hindalco Industries Limited (NSE:HINDALCO) released in May 2019 revealed that the...

  • What Kind Of Shareholder Appears On The Hindalco Industries Limited's (NSE:HINDALCO) Shareholder Register?
    Simply Wall St.

    What Kind Of Shareholder Appears On The Hindalco Industries Limited's (NSE:HINDALCO) Shareholder Register?

    A look at the shareholders of Hindalco Industries Limited (NSE:HINDALCO) can tell us which group is most powerful...

  • Hindalco Industries Limited's (NSE:HINDALCO) 0.6% Dividend Yield Looks Pretty Interesting
    Simply Wall St.

    Hindalco Industries Limited's (NSE:HINDALCO) 0.6% Dividend Yield Looks Pretty Interesting

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • The Hindalco Industries (NSE:HINDALCO) Share Price Has Gained 120%, So Why Not Pay It Some Attention?
    Simply Wall St.

    The Hindalco Industries (NSE:HINDALCO) Share Price Has Gained 120%, So Why Not Pay It Some Attention?

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you buy shares in a really great company, you can more than double your money. For instance the Hindalco Industries Limit...

  • Should You Worry About Hindalco Industries Limited’s (NSE:HINDALCO) ROCE?
    Simply Wall St.

    Should You Worry About Hindalco Industries Limited’s (NSE:HINDALCO) ROCE?

    Today we are going to look at Hindalco Industries Limited (NSE:HINDALCO) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On CapitalRead More...

  • Reuters

    Hindalco third-quarter profit plunges on higher input costs

    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 ...

  • Is Hindalco Industries Limited’s (NSE:HINDALCO) CEO Pay Fair?
    Simply Wall St.

    Is Hindalco Industries Limited’s (NSE:HINDALCO) CEO Pay Fair?

    In 2016 Satish Pai was appointed CEO of Hindalco Industries Limited (NSE:HINDALCO). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that Read More...