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Top News In Hindalco Stock Price Today - Breaking & Trending Today

Hindalco gains 2.4% as US subsidiary Novelis files for IPO

The common shares are expected to be offered by Novelis’ sole shareholder AV Minerals (Netherlands) which is a wholly owned subsidiary of Hindalco Industries Limited. ....

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Novelis IPO: Aditya Welekar on Novelis IPO, Hindalco and more

Aditya Welekar of Axis Securities discusses the Novelis IPO s potential uses of funds, including capex and acquisitions. Hindalco aims to unlock Novelis value and raise cash without increasing net debt. The stock s performance and valuation will depend on the IPO s outcome. Welekar says "let us hear from the management how they want to use the proceeds and based on that, we will take a call on the stock." ....

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hindalco share price: Hindalco share price surges 5% after US subsidiary Novelis files for IPO

Hindalco share price: Hindalco share price surged nearly 5% to Rs 536 in Wednesday s intraday trade on BSE after the firms subsidiary Novelis filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). ....

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Hindalco shares jump 5% after Novelis files for IPO in the US

In Wednesday s early trading, Hindalco Industries, the leading metals company under the Aditya Birla Group, surged 5% to reach ₹538 per share. This uptick follows the company s decision to take its US subsidiary, Novelis Inc., public. ....

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Falling energy costs, rising demand augur well for aluminium companies

Analysts say the 12-month outlook for the segment appears positive; Hindalco, Nalco to benefit ....

Prabhudas Lilladher , Rakesh Arora , Tushar Chaudhari , Rahul Kalantri , Research Analyst , Initial Public Offering , Bay Minette , Vedanta Aluminium , Mehta Equities ,