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Hindalco Novelis Deal

Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall

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

Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall
Updated On : 05 Jun 2024 | 11:54 AM IST

Hindalco's shares rise by 3.5% after subsidiary Novelis firms up IPO plan

Hindalco, a leading aluminium and copper manufacturer, holds a 100 per cent stake in Novelis, which is in a similar business

Hindalco's shares rise by 3.5% after subsidiary Novelis firms up IPO plan
Updated On : 30 May 2024 | 12:39 AM IST

Hindalco Ind gains 5% on report of Novelis Inc's likely IPO in US

On successful completion of its IPO, Novelis will be among the few subsidiaries of Indian companies to be listed separately on foreign bourses

Hindalco Ind gains 5% on report of Novelis Inc's likely IPO in US
Updated On : 21 Feb 2024 | 10:44 AM IST

K M Birla on why Novelis will buy American aluminium products maker Aleris

We bought Novelis for $6 billion and we got equity of $3 billion in the first three years itself, says K M Birla

K M Birla on why Novelis will buy American aluminium products maker Aleris
Updated On : 27 Jul 2018 | 11:49 AM IST