Hindalco Industries Ltd. News and Updates

Name: Latest research reports of Hindalco Industries Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Hindalco Industries Ltd.
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Author: Emkay

Keep track of all breaking news on Hindalco Industries Ltd. from all sources in a single place.

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Hindalco Industries Ltd.

10 Feb 2025

600.30

6.44%

Novelis Q3 Results: Profit Falls 9% Amidst Flood Impact, Higher Scrap Costs

NDTV Profit

The Hindalco's unit's $367 million adjusted Ebitda this quarter was in line with the levels indicated in the company's preliminary business update.

Anand Rathi released a Buy report for Hindalco Industries Ltd. with a price target of 800.0 on 02 Apr, 2025.

Hindalco Industries Ltd.

21 Jan 2025

600.30

6.44%

Hindalco Gets 'Buy' Call From Citi As Headwinds Priced In, Positioned For Upside

NDTV Profit

The Hindalco share price has corrected by over 18% from its lifetime high recorded on Oct. 1 last year.

Anand Rathi released a Buy report for Hindalco Industries Ltd. with a price target of 800.0 on 02 Apr, 2025.

Hindalco Industries Ltd.

17 Jan 2025

600.30

6.44%

Hindalco Plans To Replace Diesel Vehicles With Electric Fleet As Part Of Net-Zero Goal

NDTV Profit

The company has inaugurated two EV recharge stations near the fly ash loading point, marking another step toward green transportation and sustainable operations, Hindalco Industries Ltd said in a statement.

Hindalco Industries Ltd. is trading below all available SMAs

Hindalco Industries Ltd.

10 Jan 2025

600.30

6.44%

Why Hindalco's Q3 Earnings Could Go Either Way

NDTV Profit

While on a quarterly basis, Hindalco's earnings are expected to be under pressure, the annual earnings growth could remain healthy, according to analysts.

Hindalco Industries .. has an average target of 745.25 from 8 brokers.

Hindalco Industries Ltd.

09 Jan 2025

600.30

6.44%

Hindalco arm Novelis plans to raise $750 million via 5-year bonds

Business Standard

Novelis intends to use the net proceeds from the proposed offering to repay US$ 738 million of outstanding debt and any remaining proceeds to fund cash on its balance sheet

Hindalco Industries .. has an average target of 745.25 from 8 brokers.

US-based Novelis Inc plans to raise $750 million via issuance of bond

Business Standard | 09 Jan 2025 1 more

Hindalco Industries Ltd.

08 Jan 2025

600.30

6.44%

Novelis preliminary business update indicates near-term pain

Sell: Hindalco Industries Ltd.

Target

Emkay

Novelis has indicated that its Q3FY25 EBITDA could range at USD360-370mn (-21% QoQ; -14% vs Emkay). Q3 shipments are expected to range at 900-910kt – slightly lower than our estimate of 913kt, and 945kt shipments in Q2

Hindalco Industries Ltd. is trading below all available SMAs

Hindalco Industries Ltd.

30 Dec 2024

600.30

6.44%

Production from Meenakshi coal mine likely to begin in 2028, says Hindalco

Business Standard

Hindalco Industries Ltd, the Aditya Birla Group's metals flagship, on Monday said it expects to begin production at the Meenakshi coal mine in Odisha in 2028. The coal mine is a fully explored block with a peak rated capacity of 12 million tonnes per annum and 285.23 million tonnes of geological reserves. With a favourable coal-to-waste stripping ratio of less than one, the G12 grade mine is poised to be a cost-effective and sustainable energy source for the company's operations, making it self-reliant in coal production, Hindalco Industries said in a regulatory filing. The mined coal will replace the company's dependence on auction and linkage coal which is currently estimated at approximately 40 per cent higher than the Meenakshi coal mine, thereby ensuring a stable supply for its smelters and solidifying its position as one of the lowest-cost producers of aluminium in the world. The Meenakshi coal mining project is expected to create approximately 16,000 direct and indirect...