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FOUND: Hindalco | Mind Blowing Facts

Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's why

Metal stocks tumbled up to 5% on Monday, with the Nifty Metal index falling over 2% amid a decline in metal prices and rising expectations of higher-for-longer US interest rates. Profit booking after the index’s strong August rally also weighed on sentiment, while Jefferies remained bullish on Hindustan Zinc over…

The Economic Times

Hindalco commissions India’s first Superfine PPT ATH plant in Karnataka

Hindalco Industries has commissioned India's first Superfine PPT ATH manufacturing plant. This new facility at Belagavi will meet domestic demand for the specialty alumina product. The plant utilizes in-house technology and operates entirely on renewable energy sources. This development strengthens Hindalco's specialty alumina portfolio and enhances fire safety solutions. The…

The Economic Times

Hindustan Zinc vs Hindalco: Why Jefferies raised target prices for both, but prefers one over the other

Jefferies has raised its target prices for Hindustan Zinc and Hindalco Industries, but prefers the former, retaining a Buy rating versus Hold on Hindalco. The brokerage expects stronger zinc and silver prices to boost Hindustan Zinc’s earnings, while softer aluminium prices and higher debt could weigh on Hindalco’s performance.

The Economic Times

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Strong Q1 results spark stock-picking rush: 50 top ideas for investors to buy

The impressive earnings reported in the first quarter have led brokerages to unveil fresh stock-picking avenues. Investors are encouraged to seek out firms showcasing strong earnings and solid financial fundamentals. A collective effort from various brokerages has resulted in the identification of fifty prime stock options, covering diverse industries such…

The Economic Times

Picture perfect quarter? Nifty profit growth hits a 10-quarter high, but 5 stocks do the heavy lifting

Nifty firms have recorded their most impressive profit growth in a decade, boasting significant contributions from five leading companies, ONGC and Reliance among them, which accounted for sixty percent of this spike. Key sectors like metals and oil have made remarkable profit recoveries during this time, and broader market segments,…

The Economic Times

Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on Friday

Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.

The Economic Times

Aditya Birla Group levies royalty on Grasim, Hindalco, Novelis for brand use from June 2026

Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 crore. Grasim Industries expects royalty payments well below the established ceiling. Hindalco and Novelis will also adopt this new royalty payment structure. This transition marks a move…

The Economic Times

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NALCO, Hindalco gain up to 8% as global aluminium prices hit 7-week high amid Mideast tensions

NALCO and Hindalco shares rallied sharply on Wednesday as global aluminium prices hit a seven-week high amid Middle East tensions and fresh supply concerns. A production cut at Brazil’s Alunorte refinery, multi-decade-low LME inventories and disrupted Middle East shipments have tightened the market, supporting aluminium prices and Indian producers.

The Economic Times

Hindustan Copper eyes Chile mines, plans concentrate sales to Hindalco, Adani

Hindustan Copper plans to sell copper concentrate from acquired mines to Hindalco and Adani. The company is also discussing a joint venture with Chile's Codelco for mining operations. India's mines secretary confirmed discussions for four copper mining blocks from Codelco. Due diligence is ongoing for a potential joint venture with…

The Economic Times

Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earnings

Hindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bullish, citing strong India operations, improving downstream mix and a recovery at Novelis, while raising their target prices and retaining Buy ratings on the stock.

The Economic Times

Stocks in news: Titan, SBI, Ola Electric, Astra Microwave and Hindalco

Markets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty above 24,350. Focus on Titan's strong Q1 profit, SBI's earnings beat, and Ola Electric's narrower loss. Hindalco also posted record profits. Maruti Suzuki anticipates significant passenger vehicle sales growth.

The Economic Times

Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%

Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong India aluminium and copper operations and a recovery at Novelis. Revenue rose 32% to an all-time high of Rs 84,825 crore, while EBITDA surged 73% to Rs 14,989 crore, reflecting…

The Economic Times

Hindalco rides aluminium supply shock, US unit Novelis' rebound in first quarter

Hindalco Industries sees strong performance from rising aluminium prices and Novelis' recovery. Global aluminium prices increased significantly due to supply shocks and a widening deficit. Novelis, its US subsidiary, improved operations after restarting its Oswego hot mill. The company achieved substantial cost savings and targets further operational improvements. Hindalco's India…

The Economic Times

Stocks in news: LIC, Trent, AWL Agri Business, SBI, Titan

Indian markets experienced a quiet day of trading on weekly expiry, influenced by varying signals. LIC announced a remarkable 23% increase in its net profit year-on-year, while Trent reported a solid 21% growth in consolidated net profit. PNB Housing is optimistic about its micro-housing loan business aiming for Rs 100…

The Economic Times

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The Economic Times

SC closes criminal case against former PM Manmohan Singh in coal block allocation case

The Supreme Court has closed a criminal case against former Prime Minister Manmohan Singh. This decision follows the acceptance of a closure report filed by the CBI. The court found no reason for the trial court judge to reject the CBI's findings. Industrialist Kumar Mangalam Birla and ex-coal secretary P…

The Economic Times

Hindalco lines up potential Rs 1 lakh cr investment in India

Hindalco Industries plans a substantial Rs 50,000 crore investment over three years. An additional Rs 50,000 crore in growth opportunities is currently being evaluated. These investments will significantly enhance capacities across its upstream and downstream businesses. The company is scaling up its copper and aluminum operations to meet rising domestic…

The Economic Times

Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambit

Gautam Adani's $11.5 billion aluminium joint venture with IHC marks his biggest bet yet on India's industrial future. Rather than challenging Hindalco and Vedanta directly, Adani is targeting soaring aluminium demand driven by manufacturing, renewable energy and infrastructure, aiming to build a fully integrated metals business and reshape India's aluminium…

The Economic Times

India to require 500,000 tonnes of additional copper refining capacity every five years: ICA India

India's refined copper demand is set to surge, requiring an additional 500,000 tonnes of capacity every five years. Despite planned expansions, domestic production will remain insufficient to meet this growing need. Robust economic progress, infrastructure development, and the clean energy transition are fueling this demand, with building construction and renewables…

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The Economic Times

Coal block 'scam': Delhi court discharges Hindalco

A Delhi court has discharged Hindalco Industries and two former executives in a coal block case. The court found no evidence of illegal acts or criminal conspiracy. The Central Bureau of Investigation (CBI) failed to prove criminal breach of trust or cheating. The court stated that the allocation letter did…

The Economic Times

Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?

Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in China, the world's top producer, are driving the rally. Traders are concerned about China's review of energy consumption and emissions. This situation tightens global supply, benefiting Indian aluminium producers.…

The Economic Times

The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explode

Morgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable aluminium demand-supply outlook, strong free cash flow generation and India’s multi-year growth cycle. The brokerage believes Hindalco is well positioned for margin expansion and long-term value unlocking.

The Economic Times

Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGC

Indian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a large promoter stake sale. Suzlon Energy reported its Q4 results. ONGC is expanding its partnership with BP. IRFC entered metro rail financing. Paytm is investing in its…

The Economic Times

Hindalco sees 5% rise in raw material costs, stays confident on key customers

Hindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novelis expects 2027 to be a key year for growth in aluminium can sheet production. Despite disruptions at Novelis' Oswego plant, Hindalco's India business achieved record profits.

The Economic Times

Hindalco shares decline 2% as Q4 profit falls 51%. Here’s what Nuvama and other brokerages said

Hindalco Industries' shares dipped after reporting a 51% YoY decline in net profit to Rs 2,597 crore for the March quarter, despite a 20% rise in consolidated revenue to Rs 78,133 crore. The company recommended a final dividend of Rs 5 per share. Analysts remain cautiously optimistic, with some raising…

The Economic Times

Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher Motors

Indian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's dividend transfer will impact liquidity and government spending. Suzlon Energy, Wipro, Hindalco, ICICI Bank, and Eicher Motors are in focus. Companies like Suzlon Energy, RVNL, and Pine Labs will…

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