Hindalco
Hindalco: Adjusting to the new environment; metal volumes may stagnate
Capex cut, focus on profitability, healthy balance sheet should help overcome medium-term hurdles
 "Hindalco: Adjusting to the new environment; metal volumes may stagnate")
Hindalco recalibrates capex to $4.5 bn from $8 bn, cites challenges
Hindalco's stock closed flat at Rs 403.35 apiece on the BSE on Wednesday
 "Hindalco recalibrates capex to $4.5 bn from $8 bn, cites challenges")
Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap
Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.
 "Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap")
Metal companies see Chinese economy reopening as boost to commodities
Hindalco, Vedanta and Hindustan Zinc remain upbeat about future demand
 "Metal companies see Chinese economy reopening as boost to commodities")
Hindalco likely to hike domestic capex in FY24 on robust demand
Company has spent Rs 2,700 crore in India in FY23, MD Satish Pai said; will be higher next year
 "Hindalco likely to hike domestic capex in FY24 on robust demand")
Hindalco Q3 results: Net profit falls 63% on input cost pressure
Novelis' total shipments of flat-rolled products were at 908 Kt (kilo tonnes) in the October-December period, declining 2 per cent from 930 Kt in the corresponding period a year ago
 "Hindalco Q3 results: Net profit falls 63% on input cost pressure")
Stocks to Watch: Tata Steel, Hindalco, JK Paper, Muthoot Fin, Adani Ports
Stocks to Watch: Tata Steel reported a consolidated net loss of Rs 2,223.84 crore in the December quarter (Q3FY23) on the back of a sharp drop in realisations in Europe
 "Stocks to Watch: Tata Steel, Hindalco, JK Paper, Muthoot Fin, Adani Ports")
Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals
The Nifty Metal index seems to be eyeing a new historic peak at 6,900-level; Thus, select stocks from this space could rally up to 15 per cent on their respective breakouts.
 "Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals")
Stocks to Watch: Hinduja Group, RIL, SBI, LIC, M&M, Hindalco, KRBL, NDTV
Stocks to Watch Today: Shares of Apollo Tyres, Bharat Forge, Grasim, Indiabulls Housing Finance, IRCTC , MMTC, MTNL, SpiceJet and Strides Pharma are likely to see some action owing to Q2 results.
 "Stocks to Watch: Hinduja Group, RIL, SBI, LIC, M&M, Hindalco, KRBL, NDTV")
Hindalco drops 5% as arm Novelis Q2 profit slides 23% YoY; Ebitda down 8%
As per reports, Novelis has also lowered its capital expenditure (capex) outlook for FY23 to a range of $900 million- $1 billion from the previously guided $1.3-1.6 billion
 "Hindalco drops 5% as arm Novelis Q2 profit slides 23% YoY; Ebitda down 8%")
Mining & metal companies see reversal of fortune in September quarter
Profits down 91% in Q2, driven by margin contraction because sales realisation did not keep pace with rise in expenses
 "Mining & metal companies see reversal of fortune in September quarter")
Slowing demand, higher valuation point to weak outlook for Hindalco
Lockdowns in China, energy shortages in Europe and tightening interest rates may have an impact on production, leading to lower supply
 "Slowing demand, higher valuation point to weak outlook for Hindalco")
Tata Steel, Vedanta look strong on charts, may resist China slowdown woes
Technically, probability of metal stocks entering a negative trend remains negligible. A resilient bullish trend seems clearly visible in Tata Steel and Vedanta.
 "Tata Steel, Vedanta look strong on charts, may resist China slowdown woes")
Near-term profit woes for Hindalco's India biz amid high energy costs
Margin recovery expected in the second half of FY23
 "Near-term profit woes for Hindalco's India biz amid high energy costs")
Hindalco reports record quarterly profit in Q1 at Rs 4,119 cr, up 48%
The company had posted net profit of Rs 2,787 crore in the year-ago period. On a sequential basis, net profit rose 7 per cent, from Rs 3,851 crore reported in the January-March quarter
 "Hindalco reports record quarterly profit in Q1 at Rs 4,119 cr, up 48%")
Top headlines: Hindalco Q1 net jumps 48%; RBI's digital lending guidelines
The Reserve Bank of India (RBI) on Wednesday released its guidelines for digital lending, listing companies allowed in the business, the rules for loans and data collection, and how fee is charged
 "Top headlines: Hindalco Q1 net jumps 48%; RBI's digital lending guidelines")
Hindalco posts highest ever quarterly profit in Q1 at Rs 4,119 cr, up 48%
The company's net debt fell 19% from a year earlier to Rs 42,193 crore at the end of June, it said in the earnings presentation
 "Hindalco posts highest ever quarterly profit in Q1 at Rs 4,119 cr, up 48%")
FPIs cut stake in two-thirds of BSE 200 companies in June quarter
Average stake down 40 bps from previous quarter at 22%
 "FPIs cut stake in two-thirds of BSE 200 companies in June quarter")
Hindalco, Aequs sign strategic pact in commercial aerospace sector
Aditya Birla Group's metals flagship Hindalco Industries and Aequs have entered into a strategic pact for long-term collaboration and joint business development in the commercial aerospace sector
 "Hindalco, Aequs sign strategic pact in commercial aerospace sector")
Slowdown concerns drag Tata Steel, Hindalco; BSE Metal hits 15-month low
Global growth is projected to slowdown from an estimated 6.1% in 2021 to 3.6% in 2022. Given this, Tata Steel, Hindalco Industries, and Vedanta have shed up to 35 per cent in the past one month
 "Slowdown concerns drag Tata Steel, Hindalco; BSE Metal hits 15-month low")
