Page 7 - Hindalco Industries

Hindalco Industries plans to invest Rs 8,000-10,000 crore in three plants

Aditya Birla group firm Hindalco Industries is planning to invest around Rs 8,000-10,000 crore in Hirakud, Silvassa and Mundra plants

Top headlines: TCS to hire over 40k freshers; $500 mn more invested in Ola

Business Standard brings you top news of the day

Hindalco Industries Q4 consol PAT triples to Rs 1,928 cr on robust revenue

Company's net debt/EBITDA ratio at pre-acquisition levels of Aleris

Hindalco's Q4 consolidated net profit nearly triples to Rs 1,928 crore

Revenue from operations came in at Rs 40,507 crore for the quarter under review, an increase of 38 per cent from Rs 29,318 crore in the same period last year

Novelis posts 180% rise in net profit to $176 million for March quarter

Novelis, a wholly-owned subsidiary of Hindalco Industries Ltd, on Wednesday posted a 179.3 per cent rise in net income to USD 176 million for the quarter ended March 31, 2021.

Hindalco jumps 4% as firm unveils capital allocation framework

The company expects to generate over $1-1.2 billion cash flow per annum post its normal working capital and maintenance capex

Order book visibility signaling fresh aluminium, copper demand: Hindalco

Company reports higher-than-expected Q3 PAT at Rs 1,877 crore, up 77% YoY

Nifty Metal index slips 4%; SAIL, Jindal Steel tumble up to 14%

Welspun Corp, Hindalco Industries, Hindustan Copper and JSW Steel were down 5 per cent in intra-day trade on the NSE

Select base metals may continue to rally in 2021 over weakening dollar

Zinc, aluminium poised for correction as prices move ahead of fundamentals

Hindalco Industries consolidated Q2 PAT down 60% YoY at Rs 387 cr

One-time loss due to Lewisport sale hit the bottomline even as sales were up 5%

Hindalco investors can expect more gains in second half: Analysts

Rebounding aluminium, copper prices to drive earnings

Vedanta, Hindalco post wins in commercial coal auction; new players debut

Adani Enterprises, which was also in the race for these two mines, did not win any

Hindalco turns environment-harming product into a money-minting resource

The aluminium maker's breakthrough in regenerating red mud for the construction industry addresses a serious environmental concern

Stock recommendation by Prabhudas Lilladher: Buy Hindalco, Aurobindo Pharma

The RSI indicator for Hindalco Industries has recently indicated a decent rise to imply strength

Hindustan Copper enters long-term deal to supply concentrate to Hindalco

With this partnership, the companies have moved towards import substitution; Hindustan Copper is the only producer of concentrate in India

Hindalco will return to pre-Covid levels by H2: Kumar Mangalam Birla

All of the company's aluminium upstream plants continue to operate at near full capacity with all logistics infra coming back on track

Domestic primary aluminium producers pitch hard to counter cheap imports

Currently, cheap aluminium imports constitute 60 per cent of the country's total lightweight metal consumption

Hindalco Industries Q1 loss at Rs 709 cr; revenue drops to Rs 25,283 cr

Its consolidated revenue from operations during the April-June quarter dropped to Rs 25,283 crore, from over Rs 29, 972 crore in Q1 FY2019-20

Hindalco dips 1.5% on Rs 709 crore loss in June quarter

At 2:24 pm, the stock was trading 0.5 per cent lower at Rs 182.6 on the BSE, as against 593 points, or 1.56 per cent, dip in the S&P BSE Sensex

Hindalco exporting over 80% of output amid contracting domestic demand

Hindalco has restarted downstream operations at truncated capacities to meet the existing market demand