Edition:
India

Hindalco Industries Ltd (HALC.NS)

HALC.NS on National Stock Exchange of India

202.15INR
20 Sep 2019
Change (% chg)

Rs6.20 (+3.16%)
Prev Close
Rs195.95
Open
Rs196.05
Day's High
Rs208.20
Day's Low
Rs194.75
Volume
14,594,234
Avg. Vol
6,888,208
52-wk High
Rs259.75
52-wk Low
Rs171.10

Latest Key Developments (Source: Significant Developments)

Novelis Reaffirms Commitment To Acquisition Of Aleris
Thursday, 5 Sep 2019 

Sept 4 (Reuters) - Novelis Inc: :NOVELIS REAFFIRMS COMMITMENT TO ACQUISITION OF ALERIS.NOVELIS CORP - INTENDS TO DEFEND AGAINST DOJ'S CHALLENGE REGARDING ALERIS DEAL.NOVELIS - CONFIDENT THAT THE DOJ SUIT IS NOT AN IMPEDIMENT TO CLOSING ALERIS DEAL BY JAN 21, 2020, OUTSIDE DATE EVEN IF A REMEDY IS REQUIRED.NOVELIS - CONFIDENT THAT ALERIS DEAL WILL ULTIMATELY RECEIVE ALL NECESSARY REGULATORY APPROVALS IN THE U.S. AND IN OTHER RELEVANT JURISDICTIONS.  Full Article

Hindalco Industries Says LIC Raises Stake In Co By 2.07%
Monday, 19 Aug 2019 

Aug 19 (Reuters) - Hindalco Industries Ltd ::LIFE INSURANCE CORP OF INDIA RAISES STAKE IN CO BY 2.07% TO 10.4%.  Full Article

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

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U.S. sues to stop Novelis purchase of Aleris

WASHINGTON The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's [NVLXC.UL] proposed $2.6 billion purchase of Aleris Corp because of concern over higher prices for aluminum sheet used to make cars.