News: Hindalco Industries Ltd (HALC.BO)

HALC.BO on Bombay Stock Exchange

153.05INR
28 Feb 2015
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Thu, Feb 12 2015

Hindalco Q3 profit rises 7.5 percent

MUMBAI - Aluminium and copper producer Hindalco Industries Ltd on Thursday posted a 7.5 percent rise in quarterly profit, helped by higher volumes and realisations in both businesses.

India's Hindalco Q3 profit rises 7.5 percent

MUMBAI, Feb 12 - Indian aluminium and copper producer Hindalco Industries Ltd on Thursday posted a 7.5 percent rise in quarterly profit, helped by higher volumes and realisations in both businesses.

BUZZ-India's Hindalco gains after unit Novelis' results

** Unit Novelis reported net income of $46 million in the third quarter, up from $13 million in the same period the prior year

EMERGING MARKETS-Copper share rout leads emerging markets lower

LONDON, Jan 14 - Big copper firms from India's Hindalco to Poland's KGHM led emerging equity falls on Wednesday as prices for the metal plunged to 5-1/2 year lows, fuelling concerns about growth and deflation in many countries.

BUZZ-India's Hindalco gains; rival Alcoa earnings beat forecasts

** Augurs well for the company's unit Novelis Inc, which competes with Alcoa in the North American markets, investors say

Coal users gain on govt's draft rules on auctions

Reuters Market Eye - Sesa Sterlite gains 3.2 percent, Hindalco Industries 2.7 percent, CESC 1 percent.

Court refuses to let off Hindalco in coal block case

MUMBAI - A court asked for further investigation into an illegal coalfield allocation case involving Hindalco Industries on Tuesday, while hearing an earlier report from the federal police that said the probe was likely to be closed.

CORRECTED-Indian court refuses to let off Hindalco in coal block case

(Corrects paragraph 1 and 5 to remove reference to CBI closure report being rejected by the court)

Metal stocks gain after China stimulus

Reuters Market Eye - Tata Steel gains 2.5 percent, while Hindalco Industries is up 2.8 percent.

MARKET EYE -India's metal stocks gain after China stimulus

* Tata Steel gains 2.5 pct, while Hindalco Industries is up 2.8 pct. * Sesa Sterlite surges 3.2 pct, while Jindal Steel and Power advances 2.5 pct. * Traders expect China's unexpected interest rate cut on Friday to boost demand. * Prospects of further stimulus by China to support world's second biggest economy remain bright - analysts. * China currently consumes around half of the world's metals - World Bank Data. * Also, the European Central Bank indicates it would step up asset purchases to

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