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.
Rating: 1
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.

21 Jan 2025

743.85

-0.24%

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.

Hindalco Industries .. has an average target of 787.11 from 9 brokers.

Hindalco Industries Ltd.

17 Jan 2025

743.85

-0.24%

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 above all available SMAs

Hindalco Industries Ltd.

10 Jan 2025

743.85

-0.24%

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 Ltd. is trading above all available SMAs

Hindalco Industries Ltd.

09 Jan 2025

743.85

-0.24%

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

Emkay upgraded Hindalco Industries Ltd. to Buy with a price target of 900.0 on 24 Sep, 2025.

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

743.85

-0.24%

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

Emkay upgraded Hindalco Industries Ltd. to Buy with a price target of 900.0 on 24 Sep, 2025.

Hindalco Industries Ltd.

30 Dec 2024

743.85

-0.24%

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...

Hindalco Industries .. has an average target of 787.11 from 9 brokers.

Hindalco to start Meenakshi coal mining in 2028

Business Line | 30 Dec 2024

Hindalco Industries Ltd.

27 Dec 2024

743.85

-0.24%

Government Allocates Meenakshi Coal Mine In Odisha To Hindalco Industries

NDTV Profit

The Meenakshi coal mine, a fully explored block, has geological reserves of 285.23 million tonnes.

Hindalco Industries .. has an average target of 787.11 from 9 brokers.

Govt issues allocation order to Hindalco Industries for coal mine in Odisha

Business Standard | 27 Dec 2024

Hindalco Industries Ltd.

18 Dec 2024

743.85

-0.24%

Aluminium seen as an outlier among metals; Hindalco better placed

Business Standard

The suspension of bauxite exports by Guinea in Oct'24 has tightened the alumina market

Emkay upgraded Hindalco Industries Ltd. to Buy with a price target of 900.0 on 24 Sep, 2025.

Hindalco Industries Ltd.

19 Nov 2024

743.85

-0.24%

Hindalco.

Buy: Hindalco Industries Ltd.

ICICI Direct

Hindalco Industries Ltd. is trading above all available SMAs

Hindalco Industries Ltd.

16 Nov 2024

743.85

-0.24%

We have invested $20 bn, want to be among top 2 in our sectors: KM Birla

Business Standard

Aditya Birla Group has invested about USD 20 billion, mainly in manufacturing space, as it looks to be among the top two players across the segments it operates in, a top company official said on Saturday. Speaking at the Hindustan Times Leadership Summit, Aditya Birla Group Chairman KM Birla said the group firm has taken tough decisions, including the acquisition of Novelis by Hindalco, to build scale and aims to expand cement business from 100 million tonnes to 200 million tonnes over the next 10 years. He said most of the group's investments are long-term, with a business outlook over the next 15-20 years, while consumer businesses have a shorter span. "We have USD 20 billion of announced investments that are on the ground. Obviously, you look at it because a lot of them are in the manufacturing space. You would look at the next 15-20 years. Shorter than that doesn't make sense in that kind of business... If, on the other hand, you're looking at fashion retail or jewellery retail