Hindalco

Hindalco Managing Director Satish Pai says new smelting, recycling and exploration projects could help India eliminate refined copper import dependence within two years

Hindalco expects high double-digit growth in domestic aluminium ‌downstream business in FY27, driven by ramp-up at its new rolling facility, Aditya FRP, and expansion into higher-value products

Novelis Inc, the wholly-owned subsidiary of Hindalco Industries, on Tuesday reported a consolidated net loss of USD 84 million for the quarter ended March 31, 2026, due to fire incidents at its plant in Oswego, New York. The company is a leading sustainable aluminium solutions provider and the world leader in aluminium rolling and recycling. "Net loss attributable to our common shareholder of USD 84 million, compared to a net income attributable to our common shareholder of USD 294 million in the prior year, impacted by Oswego, US, plant fires in September and November," the company said in a statement. "The decrease was due primarily to USD 630 million in pre-tax net losses related to the Oswego fires," it added. However, the consolidated net sales rose to USD 4,787 million from USD 4,587 million in the year-ago period. "Net sales for the fourth quarter of fiscal year 2026 increased 4 per cent versus the prior year period to USD 4.8 billion, mainly driven by higher average alumin

Nifty may remain rangebound in near-term; investors may prefer a calibrated strategy - staying invested while selectively booking profits in overheated stocks, says Ajit Mishra of Religare Broking.

Analysts expect Hindalco to enter the Sensex in the semi-annual rebalance, replacing Trent, with potential passive inflows of ₹3,800 crore

Buying in the metal sector came amid an overall positive market amid optimism around progress in US-Iran negotiations, which helped ease geopolitical tensions and lift global investor sentiment

Buying in the sector came despite a setback in overall market sentiment, as tensions in West Asia resurfaced just a day after the United States and Iran agreed to a temporary two-week ceasefire

GCC supply disruptions and rising global prices boost outlook for Indian aluminium producers, with integrated players likely to benefit from tighter supply

The brokerage remains structurally positive on Hindalco, considering favourable LME, its strategic expansion aligned with a robust domestic outlook, and a strong balance sheet

Hindalco denied any halt to output for its extrusions business in a statement to Reuters

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Hindalco's Q3 met expectations but analysts flagged risks from rising capex, Novelis disruptions and higher working capital needs, which could pressure leverage over the next four years

Individually, Hindalco and Nalco shares fell as aluminium prices peaked, which does not bode well for Indian aluminium companies, as it may impact their earnings, according to InCred Equities

Exceptional losses linked to Oswego plant disruption drag profit, even as India business posts record PAT and supports revenue growth

State-owned BHEL on Wednesday said it has secured an order in the range of Rs 1,200-1,500 crore from Hindalco Industries. BHEL said a letter of intent (LOI) in this regard has been received from Aditya Aluminium, Hindalco Industries. The scope of work includes design, engineering, manufacture, supply up to site, unloading & storage, erection, commissioning and performance guarantee test for 2 x 150 megawatt BTG (boiler, turbine, and generator) package excluding civil work. The project is to be executed at Lapanga, Sambalpur in Odisha in a span of about 3 years, BHEL said in a regulatory filing. Under Ministry of Heavy Industries, BHEL is one of India's largest engineering and manufacturing enterprises in the energy and infrastructure sectors, and a leading power equipment manufacturer globally. The company provides a comprehensive portfolio of products, systems and services to players in power, transmission, transportation, renewables, water, defence & aerospace, oil & ...

In his annual note, Birla reflected on changing global power equations, trade tensions, India's economic rise, and the Aditya Birla Group's expansion

Move part of firm's ₹37K cr investment pipeline in Odisha

These anchor vendors are expected to generate direct employment for over 27,614 people and create multiple times more indirect jobs

India, the world's second-biggest importer of refined copper, may have to source 91 per cent-97 per cent of its copper concentrate requirements from overseas by 2047