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Continued strong performance at Novelis
Reports highest-ever EBITDA in 2QFY20
Novelis’ adj. EBITDA grew 5% YoY to USD374m (our estimate: USD337m) – the..
The market could be relieved that the US aluminium market may have gained from the trade war, though domestically, things are getting seemingly worse.
HINDALCO added around 36% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further up mo..
Hindalco Industries Limited (HINDALCO)
Mostly metal counters are reeling under pressure and HINDALCO is no different. It has been trading in a declining channel and li..
On the right track
Hindalco Industries has reported a lower-than-expected EBITDA in Q1FY20. Standalone EBITDA was Rs7.17bn against Rs7.8bn expected, a combination of l..
Copper operations led the miss; Maintain Accumulate
Copper operations led the miss; Maintain Accumulate Hindalco (HNDL) reported standalone EBITDA below our estimates ..
Lower LME, copper shutdown impacts performance
Valuations attractive; Maintain Buy
1QFY20 (Standalone + Utkal) EBITDA at INR11.4b (v/s est. of INR10.9b) was down 1..
Hindalco industries ltd. the metals flagship company of Aditya Birla Group, is among the global leaders in aluminium and copper manufacturing. In India, the Company&rsquo..
Novelis-Margins at new high; Maintain Accumulate
Novelis delivered another strong quarter with 11% growth in Adj. EBITDA, led by 4%/7% growth in volumes/unitary margin..
Novelis reported higher than expected Q1FY20 numbers on surprising US print. US EBITDA has surprised at US$170mn, up 43% YoY. EBITDA/te was US$588 in Q1FY..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
BSNL to offer more data, validity under select prepaid plans
Infosys signs agreement with U.S. IRS; sees lower tax rate
Government asks e-commerce firms to file FDI compliance report annually
Exclusive: China`s Dongfeng plans partial sale of PSA stake - Sources
Haryana to start special buses for women
Investors bat for value addition to farm produce in Punjab
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