Hindalco

The development is likely to curtail China's aluminium exports, thereby tightening global supply and driving up prices, ICICI Securities said

The ongoing capex in Novelis would establish it as the global leader in beverage cans and automotive. The management does not see further capex increase

Shares of Hindalco Industries surged up to 2.77 per cent to hit an intraday high of Rs 673.50 per share on the BSE

Stocks to watch, Nov 12: Here are few stocks will be in focus for today's session

Co raises earlier capex plans for upstream by $2 billion

Hindalco Industries' shares saw a sharp fall on Thursday after Constellium, a peer of its subsidiary Novelis, reported disappointing September quarter numbers

While the sentiments are turning in favour of the ferrous metal players, analysts said, the fundamentals aren't quite there yet with Q2 expected to serve as a reality check

Aditya Birla Group firm Hindalco Industries and Sajjan Jindal-led JSW Steel are in the race for two copper mines in Jharkhand which will be put on sale this month, sources said. Both mines have a combined capacity of three million tonne per annum. Hindalco Industries and JSW Steel will be vying for state-owned Hindustan Copper Ltd's two copper mines in Jharkhand, sources said. The auction of both the mines is likely to take place in the month of October. While one of these blocks is virgin, the other one is closed for the past 20 years. Hindustan Copper had earlier invited applications for appointment of mine developer-cum-operator (MDO) for re-opening and expansion of Rakha Copper Mine and development and operations of underground Mine at Chapri. Hindustan Copper had said in its recent report that Rakha Mining Lease expired in 2021 and extension of mining lease period is under progress with the Jharkhand government. Further, the application for grant of stage one forest clearanc

Hindalco, SAIL and Hindustan Copper seem to be favourably placed on the technical charts and can potentially rally up to 13 per cent from present levels; check key support and resistance levels here.

NTPC is displaying a strong uptrend, characterised by a steady pattern of higher highs and higher lows.

Tata Power is trading near its all-time high price and given a range breakout on the weekly chart. The ADX indicator has turned up which supports the bullish trend.

The solar module manufacturing will be a good fit given Hindalco's dominance in aluminium manufacturing, one of the sources said

Hindalco, Coal India, among four metal and mining stocks recommended by Axis Securities

Exploring copper smelter expansion in Gujarat

In FY25, the management expects capex of Rs 5,500-6,000 crore for India operations and capex of $1.4-2.1 billion for Novelis

The CBI has booked the country's leading aluminium producer Hindalco of the Aditya Birla Group for alleged corruption in getting environmental clearances for coal mining between 2011 and 2013, officials said on Tuesday. The agency has also named T Chandini, the then director in the Union Ministry of Environment and Forests, for favouring the company as member secretary of the Expert Appraisal Committee ((EAC) in allowing mining in the Talabira-I mine in the critically polluted area of Odisha's Jharsuguda in violation of ministry guidelines, they said. The central probe agency registered an FIR against Hindalco and Chandini under Section 120-B (criminal conspiracy) of the Indian Penal Code and provisions of the Prevention of Corruption Act after a nearly eight-year-long preliminary inquiry. Reacting to the FIR, a Hindalco spokesperson said, "This is an old matter pertaining to 2014-15. These mines were de-allocated as part of the government's de-allocation process. This is a matter o

The interest from Adani Enterprises and Hindalco Industries, two of India's leading industrial conglomerates, highlights the potential and attractiveness of these mines

US subsidiary of Hindalco Industries says it will continue evaluate timing of the offering

The delay will likely have a short-term negative impact on Hindalco, said Sneha Poddar, associate vice president at Motilal Oswal Financial Services

Novelis Inc, Hindalco Industries' US subsidiary, postponed its initial public offering (IPO) for the time being due to market conditions, the company said in an exchange filing today