6 stories mentioning NSE:HINDALCOUpdated just now
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Hindalco Industries (NSE:HINDALCO, BOM:500440) unit Novelis has amended its asset-based lending facility, increasing total commitments by $500 million to $3.0 billion, according to a regulatory filing on Thursday.The amendment also extends the facility's maturity to June 16, 2031, subject to certain conditions.
Hindalco Industries (NSE:HINDALCO, BOM:500440) has commissioned a manufacturing facility for aluminium bicycle components at Chakan in Pune, Maharashtra.The plant will produce bicycle frames, rigid forks, handlebars, and wheel rims for domestic and overseas markets, according to a Friday stock exchange filing.It has an annual capacity of about 500,000 frames and forks, 750,000 handlebars, and 800,000 pairs of wheel rims.
Hindalco Industries (NSE:HINDALCO, BOM:500440) opened an Eternia experience centre in Lajpat Nagar, New Delhi, according to a company statement filed with Indian bourses on Thursday.The expansion is aimed at scaling its aluminium window systems business under the Eternia brand, the company said in the filing.It also set up a manufacturing facility in Bilaspur, Gurugram, the filing said. The facility has a built-up area of about 120,000 sq. ft. and a monthly production capacity of up to 250,000 sq. ft., along with R&D and training infrastructure for fabricators and installers, it added.
Hindalco Industries (NSE:HINDALCO, BOM:500440) has an average rating of hold and mean price target of 1,053.21 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Hindalco Industries (NSE:HINDALCO, BOM:500440) consolidated attributable profit declined sharply to 26.0 billion Indian rupees in the fiscal fourth quarter ended March 31, from 52.8 billion rupees a year ago.Earnings per share contracted to 11.67 rupees from 23.76 rupees a year earlier, the aluminium manufacturer said in a filing to the Indian stock exchanges on Friday.Revenue from operations in fiscal Q4, however, increased to 781.3 billion rupees from 648.9 billion rupees a year ago.The company's board recommended a final dividend of 5 rupees per equity share of 1 rupee each for the financial year ended March 31.
Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) has secured an order worth 235.7 million Indian rupees from Hindalco Industries (NSE:HINDALCO, BOM:500440), according to a Sunday filing to the Indian stock exchanges.The company's shares were down over 3% in early trade on Monday.The contract is for the supply of one Bogie Tank Alumina Powder (BTAP) rake and one break van within five months.BTAP rakes are specialized freight trains designed for the bulk transport of powder materials like calcined alumina and fly ash, while a brake van is a railway vehicle attached to the rear of freight trains.
