Page 3 - Hindalco

Hindalco offers VR tour of sustainable mining initiatives at IITF

Aditya Birla Group firm Hindalco Industries is offering visitors a virtual reality tour of its sustainable mining initiatives at the mining pavilion of the India International Trade Fair (IITF) here. The virtual reality tour at IIFT captures Hindalco's sustainability initiatives, including sustainable land use, waste management, local economic development, biodiversity, water stewardship, health and safety and decarbonisation. Hindalco Industries Ltd is showcasing its array of sustainability initiatives through a special immersive virtual reality presentation at the Mining Pavilion of the India International Trade Fair 2023 being held at Pragati Maidan in the national capital from November 14-27. The Ministry of Mines has set up the mining pavilion for the first time. Seven-year-old Ganeev who was visiting the IITF with her family for the first time found the virtual reality tour quite interesting and informative. "I thoroughly enjoyed it and found it very knowledgeable," she told

Healthy prospects ahead for Hindalco; analysts positive on the stock

The stock gained over 1 per cent on results to around Rs 488. Analysts seem to be positive on the stock with valuations ranging up to Rs 580

Adani Group's greenfield copper facility to start operations from March

Group has invested $1.1 bn in greenfield refinery in Mundra

Metal stocks rally defies global peers, not backed by fundamentals

Metal stocks continued to rally last week, despite weakness in the overall market

Hindalco surges 7% in 2 days on pact with Italian firm to make rail coaches

Meanwhile, Novelis, as subsidiary of Hindalco, expects global demand for aluminum beverage can sheet to grow at a 3 per cent compounded annual growth rate from 2022 to 2031

Hindalco announces tech partnership with Italian firm to make rail coaches

Novelis, Indian firm's subsidiary, secures anchor customer for upcoming US plant

Hindalco brings in Metra to manufacture products for Indian rail coaches

The collaboration between Hindalco Industries Ltd and Metra SpA marks a pivotal move to bring world class technology

Aluminium rail coaches: Hindalco ropes in Italian firm for extrusion tech

Hindalco Industries, the world's largest aluminium rolling and recycling company, on Tuesday said it has signed a technology partnership agreement with Italy-based Metra to manufacture high-speed aluminium rail coaches. The Aditya Birla group company in a statement said the partnership is aimed at sharing extrusion and fabrication technology for building high-speed aluminium rail coaches. For the last six decades, Metra has been known for its cutting-edge knowhow in aluminium extrusion, machining and welding, and the collaboration is a pivotal move to bring world-class technology currently limited to Europe, China, Japan and a few other countries to the domestic market. "We are joining hands with Metra to introduce a new era of aluminium extrusions for passenger trains in the country," said Satish Pai, Managing Director of Hindalco. "This is in line with our capability building for aluminium in commercial vehicles, freight wagons, electric vehicles and passenger train application

Stocks to Watch, Sep 12: L&T, RIL, Lupin, Hindalco, TVS Supply, Power Grid

Stocks to watch on Tuesday, September 12, 2023: From L&T raising its share buyback price, Bajaj Finance planning to enter new car loans segment, Power Grid to trade ex-bonus and more.

Will the Nifty Metal index sustain its upward momentum? Check here

While the Nifty Metal index seems headed towards its crucial resistance zone, select stocks such as Hindalco, Nalco and SAIL still have the potential to rally up to 15 per cent, charts suggest.

Metal stocks shine; Tata Steel, Hindustan Copper, SAIL surge up to 5%

The key steel consuming sectors are expected to perform well in FY24, supported by a rise in infrastructure spend by the Government and gradually improving semiconductor supply

Stocks to Watch: Torrent Pharma, Cipla, TVS Supply Chain, Titan, AdaniTotal

Stocks to Watch on August 23, 2023: Torrent Pharma has joined the race to buy out Cipla's promoter stake held by the Hamied family, reported The Economic Times

Hindalco to invest Rs 2,000 crore in copper, e-waste recycling facility

Birla also expressed optimism about India's economic prospects, calling the country the 'only bright spot' among global economies

Near-term demand worries to weigh on Hindalco stocks; volumes may improve

Hindalco's domestic operating profit of Rs 2,470 crore was down 4 per cent QoQ

Hindalco, Texmaco to make rail wagons, coaches; invest Rs 200 crore

Aditya Birla Group flagship Hindalco Industries, and Texmaco Rail & Engineering on Thursday entered into a strategic alliance and announced a Rs 200 crore investment to develop and manufacture aluminium rail wagons and coaches that will help the Railways achieve emission goals and boost operating efficiency. The companies are identifying land in the Eastern region to set up a manufacturing unit and will invest around Rs 200 crore, Sudipta Mukherjee, the deputy managing director of Hindalco, which is the world's largest aluminium rolling and recycling company, told PTI. He further said, the partners are considering the Eastern region to set to up the plant and hope to commission the same over the next 18-24 months. The Railways has launched 'mission 3,000 mt' with a target of doubling freight capacity to reach 3,000 million tonnes by 2027 by augmenting its rolling stock, and help achieve a 45 per cent market share in freight. To meet this ambitious target, the Railways is seeking ..

Hindalco, Texmaco to manufacture aluminium rail wagons and coaches

Hindalco will provide profiles, sheets and plates of its unique aluminium alloys, along with fabrication and welding expertise, and Texmaco will bring in technical expertise

Hindalco Q1FY24 results: PAT falls 40% to Rs 2,454 crore, revenue down 9%

The net sales in Hindalco's US unit Novelis, which accounts for over 63 per cent of the company's total revenue, fell about 20 per cent

Stocks to Watch today, July 13: Delta Corp, HDFC Bank, Patanjali, SpiceJet

Stocks to watch on July 13, 2023: Shares of TCS and HCL Technologies will react to Q1 earnings on Thursday.

Hindalco Industries board approves proposal to sell land for Rs 595 cr

Hindalco Industries' board on Wednesday approved a proposal to sell a land parcel at Kalwa, Maharashtra, for Rs 595 crore. The transaction is subject to the signing of definitive documents, completion of customary closing conditions and the receipt of regulatory approvals, if any, Hindalco Industries said in a regulatory filing. The definitive documents shall be signed in due course, it said, adding that the expected date of completion of the sale/disposal is 15 months. Hindalco further said it will receive Rs 595 crore in multiple tranches over a period of time. Birla Estates Private Limited, a wholly-owned subsidiary of Century Textiles and Industries Limited, is the buyer and not a part of the promoter/promoter group/group companies, as defined under the Securities and Exchange Board of India (Sebi), it said. Hindalco Industries Limited is the metals flagship company of the Aditya Birla Group. A USD 26-billion firm, Hindalco is an industry leader in aluminium and copper. Share

Stocks to Watch today, May 25: Nykaa, LIC, Adani Group, Hindalco, Nalco

Stocks to watch on May 25, 2023: AIA Engineering, eClerx, GSFC, Voda Idea, IEX, IFCI, Page Inds, SAIL, Strides Pharma, and Zee among prominent companies scheduled to announce Q4 results on Thursday.