Hindalco

Hindalco's arm Novelis reports $84 mn Q4 net loss; sales rise 4% to $4.8 bn

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

'Sell in May' not a good approach in 2026, says tech analyst Ajit Mishra

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.

Hindalco likely to replace Trent in Sensex in upcoming June rejig

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

Metal stocks rally as US-Iran talk hopes lift sentiment; Hind Copper up 6%

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

Metal stocks gain up to 4% defying weak market; Q4 outlook remains strong

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

Near-term growth gains for aluminium producers as prices surge

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

Motilal Oswal remains structurally positive on Hindalco; raises target

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 halts production of extruded aluminium products due to Iran war

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

Stocks to Watch today, Feb 27: Hindalco, NBCC, Axis Bank, Vishal Mega Mart

Stocks to Watch today, February 27, 2026: From Vishal Mega Mart to NBCC here is a list of stocks to remain on investors' radar

Stocks to Watch today, Feb 25: RIL, Schaeffler, Aditya Infotech, Hindalco

Stocks to Watch today, February 25, 2026: Schaeffler India, Aditya Infotech, RVL are among few stocks that will be in focus

Higher capex likely to increase debt burden for Hindalco Industries

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

Nifty Metal slips 2%; InCred downgrades Hindalco, Nalco to 'Reduce'

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

Hindalco Q3FY26 results: PAT falls 45% to ₹2,049 crore on Oswego hit

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

BHEL secures ₹1,200-1,500 crore project from Hindalco Industries

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 & ...

India's growth story among the few 'constants' in changing world: K M Birla

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

Hindalco Industries unveils ₹21,000 crore smelter expansion plan

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

Apple leads ECMS drive, ties up with five anchor vendors for India ops

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

Adani, Hindalco eye investments in Peru's copper sector as demand surges

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

Emkay favours non-ferrous over steel; sees earnings upgrade in VEDL, Nalco

If current spot prices for aluminium, zinc and silver hold through FY27, Emkay estimates Vedanta and Nalco to see Ebitda upgrades of about 5.5 per cent and 4.9 per cent

Hindalco, Nalco, Tata Steel among top metal bets by HSBC; tech view here

Technical charts suggest that Tata Steel, Hindalco and National Aluminium can potentially rally up to 10%; here are the key levels to watch out for on these metal stocks.