News: Hindalco Industries Ltd (HALC.BO)

HALC.BO on Bombay Stock Exchange

155.15INR
1 Oct 2014
Price Change (% chg)

Rs-1.65 (-1.05%)
Prev Close
Rs156.80
Open
Rs157.80
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Volume
588,580
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Rs198.70
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Fri, Sep 26 2014

Hindalco gains on value buying

Reuters Market Eye - Hindalco Industries gains 2.9 percent.

MARKET EYE -India's Hindalco gains on value buying

* Hindalco Industries gains 2.9 percent. * Value buying seen after 9.2 percent slump over the previous four sessions. * India's top court cancelled Hindalco's Talabira I/II and Mahan coal blocks on Wednesday. * Investors say de-allocation of Mahan and Talabira II would have little impact. * The blocks were not producing and were awaiting environmental clearance, they add. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

INDIA PRESS-Hindalco's five Jharkhand bauxite mines closed - Mint

Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Derek Francis in Bangalore)

Hindalco gains; investigators drop coal scam case

Reuters Market Eye - Shares of India's Hindalco Industries Ltd gain 1.9 percent.

MARKET EYE -India's Hindalco gains; investigators drop coal scam case

* Shares of India's Hindalco Industries Ltd gain 2.5 percent. * Indian investigators drop coal scam case against promoter Kumar Mangalam Birla. * The Central Bureau of Investigation filed the case against Birla in relation to a block allocated in 2005 to Hindalco. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

UPDATE 2-India's top court says government coal allocations illegal

* Court says final decision on the blocks to be taken next week

Indian shares mark second consecutive weekly fall on geopolitical concerns

* BSE index falls 1.02 pct; NSE ends 1.06 pct lower * NSE index closes below 50-DMA for the first time since Feb * Factory output, inflation data eyed * Hindalco falls; unit Novelis oper profit lags some estimates By Abhishek Vishnoi MUMBAI, Aug 8 - Indian shares fell 1 percent on Friday, to mark their third consecutive session of declines, as blue-chips such as Larsen & Toubro slumped on global risk aversion after U.S. President Barack Obama authorised targeted ai

Hindalco falls; unit Novelis oper profit lags some estimates

Reuters Market Eye - Shares of Hindalco Industries fall as much as 2.8 percent after its unit Novelis Inc's April-June operating profit lags some estimates, analysts say.

MARKET EYE -India's Hindalco falls; unit Novelis oper profit lags some estimates

* Shares of Hindalco Industries fall as much as 2.1 percent after its unit Novelis Inc's April-June operating profit lags some estimates, analysts say. * Novelis' Operating profit per tonne was down to $305 in Q1 versus $332 in Q4, Reuters calculations show. * However, Novelis' net profit more than doubled on yearly basis on higher beverage can sales. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

Hindalco board approves up to $830 million fund-raising plan

MUMBAI - Metals producer Hindalco Industries Ltd said on Friday its board had approved a plan to raise up to 50 billion rupees ($829.5 million) by selling shares to institutions or through other options.

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