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India

Hindalco Industries Ltd (HALC.BO)

HALC.BO on Bombay Stock Exchange

202.60INR
3:28pm IST
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Latest Key Developments (Source: Significant Developments)

Hindalco Industries Says Dhangarwadi Mine Still In Operation
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Hindalco Industries Ltd ::STOPPING OF MINING OPERATION AT DURGMANWADI MINE HAS NO MATERIAL IMPACT ON OPERATIONS OR FINANCIAL PERFORMANCE OF CO.SAYS DHANGARWADI MINE IS STILL IN OPERATION.HAVE RESPONDED TO SHOW CAUSE NOTICE ISSUED BY MINISTRY OF ENVIRONMENT FOREST AND CLIMATE CHANGE FOR DHANGARWADI MINE.  Full Article

Novelis To Buy Downstream Aluminum Producer Aleris For About $2.6 Bln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Novelis Corp [RIC:RIC:NVLXC.UL]::NOVELIS TO ACQUIRE DOWNSTREAM ALUMINUM PRODUCER ALERIS.NOVELIS INC - TO ACQUIRE ALERIS CORPORATION, A GLOBAL SUPPLIER OF ROLLED ALUMINUM PRODUCTS, FOR APPROXIMATELY $2.6 BILLION INCLUDING ASSUMPTION OF DEBT.NOVELIS INC - WILL ACQUIRE ALERIS' 13 MANUFACTURING FACILITIES ACROSS NORTH AMERICA, ASIA AND EUROPE.NOVELIS - UNTIL DEAL CLOSING, COMPANIES WILL CONTINUE TO OPERATE AS SEPARATE ENTITIES.NOVELIS - FOLLOWING DEAL CLOSE, 2 COS WILL INTEGRATE ALERIS INTO NOVELIS, WHICH WILL REMAIN HEADQUARTERED IN ATLANTA.  Full Article

India's Hindalco Industries Dec-Qtr Profit Up About 17 Pct
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Hindalco Industries Ltd ::DEC QUARTER PROFIT 3.77 BILLION RUPEES VERSUS PROFIT OF 3.21 BILLION RUPEES LAST YEAR.DEC QUARTER REVENUE FROM OPERATIONS 110.23 BILLION RUPEES VERSUS 99.15 BILLION RUPEES LAST YEAR.  Full Article

Hindalco Industries Sept-qtr profit down about 11 pct
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Hindalco Industries Ltd :Says Sept quarter net profit 3.93 billion rupees ‍​- TV.Says Sept quarter revenue 103.08 billion rupees ‍​- TV.Says one time loss 1.06 billion rupees for quarter ‍​- TV.Hindalco Industries Ltd consensus forecast for Sept quarter profit was 5.26 billion rupees.Last year Sept quarter profit of 4.40 billion rupees last year.Last year Sept quarter revenue from operations 95.62 billion rupees last year.The profit, revenue and one time loss alerts were first sourced from TV and later confirmed from a company press release at the National Stock Exchange‍​.  Full Article

India's Hindalco Industries June-qtr profit down 1.6 pct
Friday, 11 Aug 2017 

Aug 11 (Reuters) - India's Hindalco Industries Ltd :June quarter profit 2.90 billion rupees versus profit of 2.94 billion rupees last year.June quarter total income 106.63 billion rupees versus 83.86 billion rupees last year.  Full Article

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No Novelis concessions for now despite EU concerns over Aleris bid: sources

BRUSSELS U.S. aluminum producer Novelis has no plans for now to offer concessions despite EU antitrust objections over its $2.6 billion buy of processor Aleris, people close to the situation said on Thursday.