News: Hindalco Industries Ltd (HALC.BO)

HALC.BO on Bombay Stock Exchange

144.75INR
23 Jan 2015
Change (% chg)

Rs1.15 (+0.80%)
Prev Close
Rs143.60
Open
Rs145.10
Day's High
Rs146.25
Day's Low
Rs142.15
Volume
771,567
Avg. Vol
877,050
52-wk High
Rs198.70
52-wk Low
Rs96.95

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Wed, Jan 14 2015

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

Hindalco Q2 profit hit by one-time provisions

MUMBAI - Aluminium and coal producer Hindalco Industries Ltd posted a steep 78 percent drop in quarterly net profit, hurt by a one-time provision for additional levies related to the deallocation of one of its coal mines.

India's Hindalco Q2 profit hit by one-time provisions

MUMBAI, Nov 13 - Indian aluminium and coal producer Hindalco Industries Ltd posted a steep 78 percent drop in quarterly net profit, hurt by a one-time provision for additional levies related to the deallocation of one of its coal mines.

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.

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