Hindalco Industries Ltd News

Here's why Nifty Metal index rose over 1% on November 26; details inside

At 11:52 AM, 12 of the 15 stocks in the Nifty Metal Index were trading in the green, while three remained in the red

NALCO, Hindalco, Vedanta surge up to 9% as China cancels export tax rebates

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

Hindalco poised for growth with expansion, robust operational results

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

Hindalco Ind shares climb after reporting 123% jump in Q2FY25 net profits

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

Hindalco Q2 results: Net up 78%, plans $4-5 bn capex for upstream units

Co raises earlier capex plans for upstream by $2 billion

Hindalco Q2 results: PAT jumps 78% to Rs 3,909 cr on high aluminium prices

The company, owned by the Aditya Birla Group, said its consolidated net profit jumped 78 per cent to Rs 3,909 crore ($463.3 million) for the three months ended Sept. 30

Q2 results today: Hindalco, ONGC, Britannia among 321 to post earnings

Q2 company results, November 11: Shree Cements, Jubilant FoodWorks, Bank of India, NMDC, and Ramco Cements will release their Q2FY25 results today

Hindalco dips 7%, hits 8-week low on disappointing Novelis's Q2 numbers

The decline in Ebitda was primarily driven by less favorable metal benefits due to a relatively rapid rise in aluminum scrap prices, unfavorable product mix, and a $25 million impact at Sierre.

Hindalco industries joins International Copper Association as new member

Global industry body International Copper Association (ICA) has elected Aditya Birla Group firm Hindalco Industries Ltd as its newest member. Operating since 1958, Hindalco Industries., the metals flagship firm of the Aditya Birla Group, is a leading copper and aluminium producer. The company produces copper cathodes and continuous cast copper rods for domestic and international markets. "We are excited to join ICA and collaborate with the global copper fraternity to develop the value chain for this critical metal for the world's net zero transition," Rohit Pathak, CEO-Copper Business of Hindalco was quoted as saying in a press statement. India is going to be one of the most exciting hubs for Copper and its products over the next few decades, he said. ICA President Juan Ignacio Daz said, "We are excited to welcome Hindalco Industries to ICA as a key global industry player, sharing our vision to advance the future of human development." ICA is a not-for-profit trade association ...

Why is Hindalco down 7%, logging sharpest 1-day fall since June? Details

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

Metal index corrects for 4th day in a row; NMDC, Tata Steel slips up to 8%

The Nifty Metal index, the top loser among sectoral indices, was down 2 per cent, as compared to the 0.35 per cent rise in the Nifty 50, at 9:53 AM.

These 3 NSE Metal stocks can extend gains amid China stimulus; hint charts

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.

Hindalco plans to start solar module manufacturing in Gujarat: Report

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

Hindalco expansion plan entails $10 billion investment, says KM Birla

Exploring copper smelter expansion in Gujarat

Hindalco: Q1 performance in line with expectations, outlook positive

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

Metal shares fall on adverse SC ruling; Tata Steel, Vedanta drop up to 6%

The Supreme Court ruled in favor of the State governments' authority to levy taxes on mineral rights.

Hindalco Q1 profit surges 25%; Ananya, Aryaman Birla on company' s board

Appoints Ananya Birla and Aryaman Birla on board in non-executive role

After 8 yrs of preliminary inquiry, CBI books Hindalco for corruption

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