Hindalco to invest $10 bn to expand India biz, Novelis: KM Birla
Hindalco's Silvassa extrusion plant and Chakan battery fabrication plant will be pivotal in tapping into the growing EV market.
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Hindalco Q1 profit jumps 25% to ₹3,074 cr
Aditya Birla Group’s metals flagship's revenue from operations increased 7.6% year-on-year to ₹57,013 crore during the first quarter
Hindalco subsidiary Novelis postpones U.S. IPO
Novelis says it will continue to evaluate the timing of the offering in the future.
Hindalco shares hit record high ahead of Novelis IPO
The proposed IPO is an offer for sale by the existing promoter Hindalco Industries.
Hindalco's Novelis eyes $12.6 bn IPO valuation
The aluminium recycler is looking to raise up to $945 million by offering 45 million shares at a price range of $18 and $21 each.
Hindalco's Novelis targets $6 billion capex for capacity enhancement, sustainability
The aluminium giant has submitted a draft registration statement with the Securities and Exchange Commission (SEC) of the US for IPO
Hindalco's U.S. unit Novelis files for IPO
Novelis expects to complete the public offering after the SEC completes its review process.
Hindalco shares crash 15% despite strong show by Novelis; Q3 result in focus
Novelis reported YoY improvement in net income and adjusted EBITDA in Q3 FY24, driven by higher pricing and lower operating costs.
Hindalco to invest ₹800 cr to set up EV battery foil unit in Odisha
The Aditya Birla Group company plans to invest ₹800 crore to build a new plant near Sambalpur in Odisha.
Hindalco Industries shares jump 4% on power purchase deal
Hindalco has inked a power purchase agreement with Seven Renewable Power for the acquisition of a 26% stake in the company.
