Hindalco Industries Ltd

Hindalco Industries Ltd rose for a fifth straight session today. The stock is quoting at Rs 656.45, up 2.31% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.31% on the day, quoting at 22372.3. The Sensex is at 73841.22, up 1.17%. Hindalco Industries Ltd has gained around 10.24% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 2.91% in last one month and is currently quoting at 8347.75, up 3.1% on the day. The volume in the stock stood at 46.57 lakh shares today, compared to the daily average of 61.59 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 657.8, up 2.26% on the day. Hindalco Industries Ltd is up 24.58% in last one year as compared to a 0.45% slide in NIFTY and a 4.23% slide in the Nifty Metal index.The PE of the stock is 23.12 based on TTM earnings ending December 24.Powered by Capital Market - Live

Net profit of Hindalco Industries rose 60.23% to Rs 3735.00 crore in the quarter ended December 2024 as against Rs 2331.00 crore during the previous quarter ended December 2023. Sales rose 10.57% to Rs 58390.00 crore in the quarter ended December 2024 as against Rs 52808.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales58390.0052808.00 11 OPM %12.9911.11 - PBDT7276.005202.00 40 PBT5337.003328.00 60 NP3735.002331.00 60 Powered by Capital Market - Live

Hindalco Industries Ltd is down for a fifth straight session today. The stock is quoting at Rs 592.35, down 2.4% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.96% on the day, quoting at 22871.55. The Sensex is at 75485.37, down 0.93%.Hindalco Industries Ltd has lost around 1.46% in last one month.Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has eased around 3.96% in last one month and is currently quoting at 8438.8, down 2.01% on the day. The volume in the stock stood at 17.11 lakh shares today, compared to the daily average of 64.54 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 590.85, down 2.83% on the day. Hindalco Industries Ltd jumped 4.31% in last one year as compared to a 5.22% rally in NIFTY and a 5.42% spurt in the Nifty Metal index.The PE of the stock is 24.31 based on TTM earnings ending September 24.Powered by Capital Market - Live

Hindalco Industries Ltd rose for a fifth straight session today. The stock is quoting at Rs 620, up 0.49% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 23337.8. The Sensex is at 77167.78, up 0.72%. Hindalco Industries Ltd has dropped around 2.23% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has dropped around 3.43% in last one month and is currently quoting at 8521.7, up 0.76% on the day. The volume in the stock stood at 14.36 lakh shares today, compared to the daily average of 64.37 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 620.3, up 0.5% on the day. Hindalco Industries Ltd is up 14.52% in last one year as compared to a 9.88% gain in NIFTY and a 14.69% gain in the Nifty Metal index.The PE of the stock is 24.71 based on TTM earnings ending September 24.Powered by Capital Market - Live

Hindalco Industries Ltd rose for a third straight session today. The stock is quoting at Rs 603.3, up 1.99% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77056.18, up 0.43%. Hindalco Industries Ltd has dropped around 5.65% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has dropped around 8.65% in last one month and is currently quoting at 8280.95, up 1.43% on the day. The volume in the stock stood at 26.52 lakh shares today, compared to the daily average of 62.22 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 604.5, up 2.03% on the day. Hindalco Industries Ltd is up 7.68% in last one year as compared to a 8.08% gain in NIFTY and a 9.17% gain in the Nifty Metal index.The PE of the stock is 23.68 based on TTM earnings ending September 24.Powered by Capital Market - Live

The notes will be guaranteed, jointly and severally, on a senior unsecured basis, by Novelis, and by certain of Novelis' subsidiaries. Novelis expects to close the offering of the notes on 13 January 2025, subject to the satisfaction of customary closing conditions. The company intends to use the net proceeds from the offering to repay $738 million of outstanding borrowings under its revolving credit facility and to use any remaining net proceeds to fund cash on its balance sheet for general corporate purposes. Hindalco Industries, the metals flagship of the Aditya Birla Group, is the world's largest aluminium rolling and recycling company, a major copper player, and one of Asia's largest producers of primary aluminium. In India, Hindalco's aluminium manufacturing units cover the complete value chain, from bauxite mining, alumina refining, coal mining, captive power generation and aluminium smelting, to downstream value-addition of aluminium rolling, extruding, and foil making. The Aditya Birla Group company's consolidated net profit surged 78.01% to Rs 3,909 crore in on 7.45% increase in revenue from operations to Rs 58,203 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Novelis Inc. (a wholly owned subsidiary of Hindalco Industries) today announced that its indirect wholly owned subsidiary, Novelis Corporation, has priced an offering of $750 million aggregate principal amount of 6.875% senior notes due in January 2030 (Notes), which represents an increase of $250 million from the offering size previously announced. The Notes were priced at par value and will bear an interest rate of 6.875% per annum. The Notes are being offered in a private offering that is exempt from registration under the Securities Act of 1933, as amended (Securities Act). The Notes will be guaranteed, jointly and severally, on a senior unsecured basis, by Novelis, and by certain of Novelis' subsidiaries. Novelis expects to close the offering of the Notes on 13 January 2025, subject to the satisfaction of customary closing conditions. Novelis intends to use the net proceeds from the offering to repay $738 million of outstanding borrowings under its revolving credit facility and to use any remaining net proceeds to fund cash on its balance sheet for general corporate purposes. Powered by Capital Market - Live

This development follows the successful signing of the Coal Mine Development and Production Agreement (CMDPA) on 22 November 2024. The Meenakshi coal mine, located in Odisha, is a fully explored block with a peak rated capacity (PRC) of 12 million tonnes per annum and nearly 285.23 million tonnes of geological reserves. The company expects to commence coal production in CY2028, subject to receipt of regulatory clearances and requisite approvals. With a favourable coal-to-waste stripping ratio of less than 1, the G12 grade mine is poised to be a cost-effective and sustainable energy source for company's operations, making the company self-reliant in coal production,' Hindalco said in a statement. Hindalco Industries, the metals flagship of the Aditya Birla Group, is the world's largest aluminium rolling and recycling company, a major copper player, and one of Asia's largest producers of primary aluminium. In India, Hindalco's aluminium manufacturing units cover the complete value chain, from bauxite mining, alumina refining, coal mining, captive power generation and aluminium smelting, to downstream value-addition of aluminium rolling, extruding, and foil making. The Aditya Birla Group company's consolidated net profit surged 78.01% to Rs 3,909 crore in on 7.45% increase in revenue from operations to Rs 58,203 crore in Q2 FY25 over Q2 FY24. The scrip shed 0.35% to currently trade at Rs 600.10 on the BSE. Powered by Capital Market - Live

Hindalco Industries will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

Hindalco Industries Ltd is up for a third straight session today. The stock is quoting at Rs 659.15, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 24282.7. The Sensex is at 80152.78, up 1.31%. Hindalco Industries Ltd has slipped around 4.87% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has slipped around 3.84% in last one month and is currently quoting at 8846.2, up 0.86% on the day. The volume in the stock stood at 20.74 lakh shares today, compared to the daily average of 70.68 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 654.45, up 0.54% on the day. Hindalco Industries Ltd is up 27.84% in last one year as compared to a 22.09% jump in NIFTY and a 27.43% jump in the Nifty Metal index.The PE of the stock is 26.11 based on TTM earnings ending September 24.Powered by Capital Market - Live