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2 mins read

Hindalco Q1 profit rises 25% Rs 3,074 crore on operational efficiencies, lower input costs

Total income during the quarter under review rose to Rs 57,437 crore, over Rs 53,382 crore noted in…

PTI   


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Hindalco subsidiary Novelis files draft papers for proposed US IPO

Atlanta-based Novelis Inc., a fully-owned subsidiary of Hindalco Industries, has announced that it …

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Hindalco Industries Q1 2023-24 net profit falls over 40% to Rs 2,454 cr

The company's total income also declined to Rs 53,382 crore from Rs 58,229 crore in the year-ago…

PTI   


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Hindalco shares slump 13% after Novelis results

Hindalco Industries shares slumped 13 per cent on Tuesday after its subsidiary, Novelis reported a …

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Market Morning: Sensex, Nifty open in green, JSW, Tata Comms. in action

As for sectoral indices, except for Nifty FMCG (down by 0.01%), IT (down by 0.09%) and realty (down…

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Hindalco Industries Q4 net profit falls 37% YoY to ₹2,411 crore

Hindalco Industries Ltd on Wednesday reported a 37 per cent fall in its consolidated net profit to …

PTI   


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Hindalco signs tech deal Italy's Metra to make high-speed aluminium rail coaches

Hindalco Industries, the world's largest aluminium rolling and recycling company, on Tuesday said i…

PTI   


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Hindalco Industries Q2 2023-24 profit stays almost flat at Rs 2,196 crore

The consolidated total income of the company during the July-September period dropped to Rs 54,…

PTI   


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Hindalco highlights green initiatives across railways, EVs & e-waste recycling

India’s metals major Hindalco has been active in the railways sector and has already commercialised…

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1 min read

Market opens strong on Monday: Sensex surges, Nifty gains

The benchmark index, Sensex, showcased an impressive surge, gaining 167.31 points and settling at 6…

ANI   


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Macroeconomic data, global trends, Q1 earnings to drive market sentiments this week: Analysts

Besides, trading activity of foreign investors would also be a crucial factor in dictating movement…

PTI   


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Hindalco, Indian Oil and Israel’s Phinergy join hands to make aluminum-air batteries

Aditya Birla Group’s metals flagship Hindalco Industries signed an agreement with Israel-based Phin…

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Stock market closing: Sensex closes above 80,000, auto, pharma and realty indices rally

Maruti (up by 6.52%), Divis Labs (up by 2.37%), Mahindra and Mahindra (up by 2.23%), Titan (up by 1…

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Sensex-Nifty hit all-time high as trading session closes in green

Indian benchmark indices reached fresh record highs on Wednesday, driven by gains in banking and me…

ANI   


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5 mins read

Indian metal stocks become attractive after massive underperformance and signs of recovery in China, says Jefferies

Heightened macro concerns hit metal stocks despite some improvement in China’s demand. In the first…

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4 mins read

The rise of electric vehicles makes aluminium more attractive than steel

The Chinese economy, which is the world’s biggest bu…

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Q2 earnings, global trends, trading activity of foreign investors to drive market movement: Analysts

The ongoing quarterly earnings report card of corporates, global trends and trading activity of for…

PTI   


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4 mins read

Sensex, Nifty50 close higher as metals surge; Tata Steel, Hindalco Industries top gainers

India's benchmark indices, Sensex and Nifty50, are likely to open lower on the first day of 2023 de…

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Indian markets close flat as they await cues from US inflation data

Sensex closed 35 points lower at 58,817 while Nifty50 managed to end 9 points higher at 17,534. …

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3 mins read

Indian metal shares surge as demand hopes build after China’s $220 billion stimulus plan

Shares of metal companies surged in the last hour of trading on expectations of strong demand from …