News: Hindalco Industries Ltd (HALC.BO)

HALC.BO on Bombay Stock Exchange

139.70INR
17 Oct 2014
Price Change (% chg)

Rs-3.20 (-2.24%)
Prev Close
Rs142.90
Open
Rs143.50
Day's High
Rs144.00
Day's Low
Rs138.40
Volume
1,024,118
Avg. Vol
909,566
52-wk High
Rs198.70
52-wk Low
Rs96.95

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Thu, Oct 16 2014

Indian shares fall tracking global markets; metals, miners drop

MUMBAI, Oct 16 - Indian shares fell for a second consecutive session on Thursday, as companies seen most exposed to the global economy such as Hindalco Industries and Sesa Sterlite declined tracking a downturn in global markets.

Hindalco surges; rival Alcoa earnings beat forecasts

Reuters Market Eye - Hindalco Industries jumps 4 percent. Global rival Alcoa Inc's earnings beat forecasts, propelled by higher aluminium prices.

MARKET EYE -India's Hindalco surges; rival Alcoa earnings beat forecasts

* Hindalco Industries jumps 4 percent. * Global rival Alcoa Inc's earnings beat forecasts, propelled by higher aluminium prices. * Augurs well for the company's unit Novelis Inc, investors say. * Novelis is the world's largest producer of rolled aluminium products. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

Indian shares hit 2-month closing low; cyclical stocks drag

MUMBAI, Oct 7 - Indian shares fell for a second straight session on Tuesday to their lowest closing level in nearly two months as cyclical stocks such as Hindalco Industries declined ahead of the earnings reporting season.

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

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