Hindalco Industries on Thursday said production at its plant in New York has been halted following a fire accident. The company added that it is investigating the cause of the fire and determining the impact on its operations. In a filing to BSE, Hindalco Industries said, "There was a fire incident at the Novelis Plant in Oswego, New York, on September 16, 2025, at around 10 p.m. (EDT) [ September 17, 2025, at 7:30 a.m.IST]." Novelis Inc is the subsidiary of Hindalco Industries. "The plant is insured for property damage and business interruption losses related to such events, subject to deductibles and policy limits," the company said, adding that further updates will be provided in due course. Novelis is a leading producer of flat-rolled aluminum products and a recycler of aluminum.
Hindalco share price: With steady quality, value, and momentum, Hindalco share presents a consistent and resilient investment choice.
At its AGM, Hindalco unveiled a $10 billion investment plan over five years to expand aluminium, copper and alumina operations, with its Dahej smelter set to become the largest outside China
Hindalco stock jumped 6% on Wednesday after the company delivered robust results driven by a strong performance by the India business, and a resilient performance by Novelis.
50% US tariffs on aluminium exports may impact Novelis
Novelis believes this $60 million tariff impact can be mitigated through increased US (local) production, customer pass-throughs, and cost takeout programmes
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The acquisition will boost Hindalco's North American presence and global alumina capacity as it eyes 1 million tonnes by FY30 through innovation and sustainability
Hindalco to acquire 100% equity in US-based specialty alumina maker AluChem for $125 million through Aditya Holdings LLC, aiming to double global alumina capacity by FY30
Hindalco MD Satish Pai discusses India and global capex, demand drivers, US tariffs and the Novelis IPO following strong Q4FY25 results and rising market demand
Hindalco beats analyst estimates with strong Q4 profit growth driven by lower input costs, higher Novelis sales and robust performance in aluminium and copper
Hindalco will acquire EMMRL for ₹48 lakh and take on ₹1,131 crore debt to secure coal for its aluminium operations; Q4 and FY25 earnings also hit record highs
Hindalco's strong Q4 and FY25 results driven by Indian operations, lower input costs, aluminium and copper highs, and Novelis performance
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Hindalco Industries on Friday unveiled its Rs 500-crore EV component manufacturing facility at Chakan, in Pune, designed to cater to the growing demand for lightweight, crash-resistant battery solutions. The facility, built with a capital investment of Rs 500 crore and spread across 5 acres within an industrial park, represents Hindalco's foray into EV component manufacturing, a company statement said. "Our Chakan facility represents a strategic shift in India's EV ecosystem from import dependence to high-performance, localised aluminium solutions," said Satish Pai, Managing Director, Hindalco Industries Ltd. The company also announced the delivery of 10,000 aluminium battery enclosures to M&M Ltd. "Mahindra has partnered with Hindalco in the creation of the EV journey. Their expertise in developing materials and strong engineering capabilities to offer new solutions have played a key role in developing efficient and sustainable battery enclosure solutions," said Rajesh Jejurikar,
Hindalco stock: Over the next five years, Hindalco Industries is mulling to invest approximately ₹45,000 crore in India, and $5 billion in the US as capex
K M Birla, chairman of the Aditya Birla Group, at the event also reiterated plans to invest Rs 45,000 crore in next-generation high-precision engineered products
15 Sensex stocks and 9 Nifty stocks outperformed the benchmark indices, so far in 2025, as they surged up to 23 per cent
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Upstream revenue in aluminium stood at Rs 9,990 crore in Q3FY25 (+25 per cent Y-o-Y).