Page 4 - Hindalco Industries

Hindalco Industries acquires Ryker Base for enterprise value of Rs 323 cr

Deal will strengthen Hindalco's copper rod capacity by providing a time-to-market edge, allowing it to cater to the growing demand from electrical and electronics sectors

How prolonged closure of Sterlite plant is impacting copper exports

The prolonged closure of its controversial Thoothukudi plant has had an unintended impact on the country's exports of the industrial metal

Hindalco Industries earmarks capex growth of $2.5-$3 billion over 5 years

Part of the capex will be deployed towards Novelis' business regions in auto-finishing lines expansion in the US and China

Hindalco posts consolidated net profit of Rs 2,787 cr in June quarter

Hindalco Industries Ltd on Friday reported a consolidated profit after tax of Rs 2,787 crore for the quarter ended on June 30, 2021.

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