Hindalco Industries Ltd

(HINDALCO)

Hindalco Shares Surge on Strong Earnings and Market News - 18 Nov, 2024

Hindalco Industries saw significant share price increases following strong Q2 FY25 earnings and favorable market conditions due to China's export tax rebate changes. Analysts maintain positive outlooks and buy ratings based on robust operational performance and growth potential.

China's Tax Changes Boost Hindalco's Aluminium Prospects - 16 Nov, 2024

China's Ministry of Finance announced the removal of export tax rebates on aluminium, leading to an 8% price surge. This development is favorable for Hindalco Industries, enhancing its market position.

Hindalco Plans Rs 10,000-Crore Capex for Growth - 15 Nov, 2024

Hindalco Industries aims for a strong second half in FY 2024-25, driven by electrification, packaging, and construction sectors, with a planned capital expenditure of Rs 10,000 crore. The company's net profit surged 78% year-on-year in Q2, despite challenges in the Novelis business.

Hindalco Reports Growth Amid Market Challenges - 13 Nov, 2024

Hindalco Industries shows strong Q2FY25 results with significant sales and profit growth. Analysts maintain 'BUY' ratings despite a recent stock decline and market cap drop.

Hindalco Reports Strong Q2 Earnings and Growth Plans - 12 Nov, 2024

Hindalco Industries reported a significant 123% growth in standalone net profit for Q2 FY25, reaching ₹1,891 crore. The company plans to invest $4-5 billion in projects, with nearly 80% of analysts maintaining a 'Buy' rating after strong earnings that exceeded estimates. Overall, Hindalco's operational performance and revenue growth reflect a positive outlook.

Hindalco Reports Strong Q2 Earnings and Capex Plans - 11 Nov, 2024

Hindalco Industries announced a 78% increase in Q2 net profit to ₹3,909 crore, driven by operational performance and one-time income. The company plans to invest $4-5 billion in upstream expansion over the next three years, funded through internal accruals and debt.

Hindalco Named Most Sustainable Aluminium Company Again - 09 Nov, 2024

Hindalco Industries has been ranked the world's most sustainable aluminium company for the fifth consecutive year, scoring 87 points in the S&P Global CSA. The company excelled in environmental, social, and governance standards, achieving significant reductions in GHG emissions and investing in community programs. Hindalco aims for zero waste to landfill by 2030 and plans to source 30% of its energy from renewables by 2030.

Hindalco Shares Drop Amid Novelis Earnings Report - 08 Nov, 2024

Hindalco Industries' stock fell 8.5% following disappointing earnings from its US subsidiary Novelis. Analysts suggest this correction presents a buying opportunity, citing strong fundamentals and future growth potential from the Bay Minette project.

Hindalco Shares Plummet on Weak Novelis Performance - 07 Nov, 2024

Hindalco Industries shares fell sharply after its US unit Novelis reported a significant drop in net profit for Q2 FY25. Emkay Global downgraded the stock to SELL, citing concerns over scrap spreads and a disappointing outlook. The overall sentiment remains negative as the company faces challenges in the market.

Hindalco Faces Challenges Amid Novelis Performance - 06 Nov, 2024

Hindalco Industries faces a 6% slump due to Novelis' deferred IPO and production issues, despite a rise in net sales. Technical indicators suggest potential recovery.

Hindalco Reports Revenue Growth Amid Stock Fluctuations - 01 Nov, 2024

Hindalco Industries reported a 7.6% revenue growth and a 25.3% increase in profit after tax for Q1 FY25. Despite a recent 7.9% decline in shares, the stock has risen 51% over the past year, driven by improved operating performance.

Hindalco Faces Volatility Amid Market Developments - 24 Oct, 2024

Hindalco Industries experienced significant stock volatility, plunging 7% after Constellium's weak earnings. However, it joined the International Copper Association, attracting renewed interest from high-net-worth individuals, indicating potential recovery.

Hindalco Shows Bullish Momentum After Breakout - 21 Oct, 2024

Hindalco Industries has rallied over 50% in a year and recently broke out from a Cup & Handle pattern, suggesting potential bullish momentum ahead.