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Hindalco jumps 2% after Novelis finalises IPO price band at $18-21/share; Find out what brokerages suggest financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Hindalco shares climb nearly 4%; hit record high indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.
Shares of Hindalco Industries surged nearly 4% to reach new heights as its US-based subsidiary, Novelis Inc, announced an IPO aiming to raise up to USD 945 million. The stock showed remarkable gains on the BSE and NSE. Post-IPO, Hindalco will retain around 92% stake in Novelis. ....