Page 5 - Hindalco Industries

We plan to invest Rs 5,000 crore to increase capacity in India: Satish Pai

Hindalco announced a 7 per cent revenue growth to Rs 39,383 crore for FY17

Hindalco Industries Q4FY17 profit rises to 26%, tops estimates

Profit rose to Rs 503 crore in the quarter ended March 31, from Rs 400 crore a year earlier

Hindalco shares gain as company plans QIP to raise funds

Reacting to the development, the stock of the company rose nearly 3% to Rs 195 on the BSE

Hindalco fixes price at Rs 184.45 for QIP issue

Hindalco is one of the leading integrated primary producer of aluminium in Asia

Hindalco to invest Rs 700 crore on de-bottlenecking Utkal alumina refinery

Aditya Birla Group owned Hindalco Industries plans to invest Rs 500-700 crore on de-bottlenecking its Utkal alumina refinery project in Odisha's Rayagada district."Yes, we are already working on, let say the engineering designs for that de-bottlenecking. I will just leave at that because, I think in 2017-18 we would have got the complete engineering and the de-bottlenecking sorted out. So, really it is a question of whether you put in a completely new train or just de-bottlenecking and to be clear,our preference right now is to de-bottleneck and that is why we have applied for clearances to go up to about 2.25 (million tonne) as a first range", Satish Pai, managing director, Hindalco Industries said in an earnings conference call.The de-bottlenecking is expected to be done in 18 months. The Utkal refinery is fed by the company's captive Baphlimali bauxite mines with enough reserves to cater to the refinery's requirement for 25 years after its ramp-up. The mine contains .

Novelis to lay off employees in Korea, US to curtail costs

The cut is likely to be a little less than 5% of the total workforce in these countries

Hindalco misses estimates in Q3

Lower profitability in copper business partly offsets gains from higher aluminium volumes and prices

Hindalco's copper biz to double value-added products contribution by 2018

Company to take value-added product contribution to 80% from 35%

Hindalco shines; hits fresh 52-week high on robust Q2 earnings

The stock up 5% to Rs 181 on BSE in intra-day after the company reported more than three-fold jump in standalone net profit at Rs 440 crore in Q2FY17.

Hindalco Industries Q2 PAT up three-fold to Rs 440 crore

Net sales of the Aditya Birla Group company stood flat at Rs 9,562 crore in the period under review

Hindalco hits 23-month high on robust Q2 results from Novelis

Thus far in 2016, the stock outperformed the market by surging 102%, as compared to 5% rise in Sensex.

Hindalco hits fresh 52-week high on robust Q1 results

Thus far in 2016, the stock soared 79% from Rs 85 to Rs 152, as compared to 8% rise in the S&P BSE Sensex.

Hindalco hits 52-week high; surges over 40% in one month

In past one-month, the stock surged 43% as compared to 14% rise in Metal index and 6% gain in Sensex.

Hindalco surges 10% on strong operational performance in Q4

The company reported a standalone net profit of Rs 356 crore in Q4FY16, against Rs 160 crore in a year ago quarter.

Hindalco March quarter net more than doubles

Net sales slip 7.3% as realisations drop on lower metal prices and declining premiums