Latest news with #174
Mint
21-05-2025
- Business
- Mint
Hindalco share price: Should you Buy, Hold or Sell post Q4 Results, Dividend announcement
Stock Market Today: Hindalco share price was trading rangebound and almost flat in the morning trades on Wednesday post Q4 Results, dividend declared by the company on Tuesday. Should you Buy Hold or Sell the stock ? Here is what analysts say- Hindalco Industries announced on Tuesday that its consolidated net profit for the March quarter increased by 66% to ₹ 5,283 crore from Rs3,174 crore during the same period last year. Revenues from Operations in Q4FY25 stood at ₹ 64,890 crore, which was about 16% higher than the ₹ 55,994 crore recorded in the same quarter of the previous fiscal year. The Upstream operations in the Aluminium Business lifted the show. In comparison to the same quarter previous year, the fourth quarter's consolidated EBITDA or earnings before interest tax depreciation and amortisation increased by 43% to ₹ 10,296 crore. Analysts while stay positive on domestic Aluminum business (both upstream and downstream), however are watchful on its US subsidiary, Novelis performance in the back of Trump Tariff announcements YES Securities post Q4 Results said that the downstream capacities are ramping up but near-term headwinds persist for Novelis, leading them to, assign NEUTRAL Ratings. Hindalco delivered a strong Q4FY25 performance, surpassing consensus expectations, which as per Yes Securities was driven by firm aluminium and copper prices, a supportive macro environment, and a largely stable cost structure on a sequential basis. With the upstream Aluminium Segment posting a strong EBITDA/tonne of $1,684, up from $1,480 in Q3FY25 and much higher than $967 in Q4FY24, the Indian aluminum Business for Hindalco continues to reach new operational milestones. Sequential improvement was also seen in the downstream aluminum business, where EBITDA/tonne increased from $179 in the prior quarter to $240. They value Hindalco on a SOTP basis to arrive at revised target price of ₹ 721/share. Motilal Oswal Financial Services exects a healthy consolidated performance for FY26 or 27, mainly driven by the strong domestic operations. They thereby have increased their Earnings before interest tax depreciation and amortisation or EBITDA estimates for FY26 and FY27 by 3% and 2% respectively. The stock as per MOFSL trades at 5 times Enterprise Value by Ebitda and 1.2 times Price to Book value on FY27 estimates. They reiterate their BUY rating on Hindalco with a revised SoTP-based TP of ₹ 790. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
14-05-2025
- Business
- Time of India
Rs2,300 Crore in Pending Bills Stall Key Projects Across Nagpur Circle
Nagpur: Several key undertaken by the (PWD) in the Nagpur circle have come to a standstill due to the non-clearance of bills amounting to Rs2,300 crore. The has claimed that the state government has not cleared bills for the last two years, pushing contractors into severe financial distress."Currently, the stand at around Rs2,325 crore in the Nagpur circle, comprising Nagpur, Gondia, and Bhandara districts. Tired of too many ads? go ad free now Contractors are suffering, as many have taken huge loans to complete these projects. With funds not being released, their debt continues to mount," Subodh Sarode, president of the Nagpur Contractors' Association, told to data shared by the association, Nagpur district alone has pending bills amounting to Rs1,525 crore, including Rs1,174 crore related to works on roads, bridges, and road-over-bridges (RoBs) under various categories. Gondia district has a pendency of Rs501 crore, while Bhandara district's dues stand at Rs298 February this year, contractors went on a statewide strike over pending payments, following which the government released some funds in March. However, the association claims the release was inadequate. "The government released only about 8% to 10% of the total pending dues, and some contractors haven't received a single rupee. Although we have put the protest on hold, the situation remains grim," Sarode said."Contractors are only working on projects that would suffer further losses if delayed by the rains. While the government continues to approve new projects, it must first clear the old dues. Otherwise, new contractors will also get caught in the same debt trap," he attempted to reach PWD's superintending engineer Janardhan Bhanuse, for comment, but he was unavailable. However, several senior PWD officials confirmed that pending bills have affected many projects."The situation is serious. The government must clear the backlog to ensure the timely completion of projects. It should also consider pausing new project approvals until the existing pendency is resolved," said a senior PWD official, adding that even banks involved in the Hybrid Annuity Model (HAM) projects are now exposed to financial risk.
Yahoo
08-04-2025
- Health
- Yahoo
Maine parents, health care workers again criticize bills to roll back vaccine requirements in schools
Apr. 7—AUGUSTA — In a Monday hearing on two bills to roll back school vaccine requirements in Maine, public health officials and medical professionals urged lawmakers to keep the state's vaccination laws, while parents who have chosen not to vaccinate their children argued the requirements prevent their families from accessing education. The first bill, LD 174, is sponsored by Rep. Gary Drinkwater, R-Milford, and would restore religious vaccine exemptions. The second, LD 727, is sponsored by Rep. Tracy Quint, R-Hodgdon, and would repeal vaccine requirements for a child to attend school in Maine. The Education and Cultural Affairs Committee combined the bills into a single hearing Monday, drawing a smaller crowd than similar bills in years past. Maine eliminated philosophical and religious exemptions for school vaccinations in 2021 following a voter referendum on the law that received 73% support. That change shifted Maine from the state with one of the lowest childhood vaccination rates to one of the highest in just two years. In 2024, the Maine Center for Disease Control and Prevention announced that the state had reached "herd immunity," meaning at least 95% of the population had been immunized. Before those exemptions were banned, Maine had one of the highest kindergarten vaccine opt-out rates in the country. During the 2017-18 school year, 5% of Maine kindergarteners did not have childhood vaccines for religious reasons, compared to a 1.8% national average. But the sponsors of the two bills heard Monday argued that Maine's rapidly improved vaccination rate is misleading because the law change prompted many families to opt out of traditional school and children began being homeschooled instead of getting immunized. And, they said, barring religious exemptions infringes on religious freedom and prevents certain students from receiving a public education. During the hearing, public health experts and many parents defended the state's vaccination progress and pointed to growing concerns about outbreaks of vaccine-preventable diseases elsewhere in the country. But many parents argued that a ban on religious exemptions has unfairly kept their children out of school and extracurricular activities like sports. Ana Frazier of Solon said she homeschools her son because he is not vaccinated and argued that, as a taxpayer, she should still be able to send her child to public school. "It feels like coercion, and it's heartbreaking to see my child and many others face this segregation and isolation from their peers. Every child deserves the right to participate in school activities regardless of their vaccination status," she said. Dawn Murray, a parent of five daughters, said her decision not to vaccinate her children has kept them from public education, sports, music and field trips. "We live in a society that demands that we accept beliefs and practices that we do not share," Murray testified. "Yet what we are experiencing now with the current vaccination law is not true freedom nor universal acceptance." Dr. Puthiery Va, the director of the Maine CDC, said the bills would threaten the health of students and put Maine at risk of an outbreak of a vaccine-preventable disease. Va pointed to Texas, where a second child recently died from measles, and which she said has one of the most lenient school immunization policies. Other medical professionals, like pediatrician Dr. Joe Anderson from the Maine chapter of the American Academy of Pediatrics, said the Texas outbreak should be a warning to Maine. "We don't have to imagine what happens when these protections are weakened. We're seeing it happen in real time. Texas is currently battling a massive measles outbreak with nearly 500 reported cases," Anderson said, adding that Maine is one of only four states that has increased its measles vaccination rate since the pandemic, which he said can make a big difference if the highly contagious disease reaches the state. The committee also heard from long-time school nurses like Rebecca Bell, from Casco Bay High School in Portland. "Removing vaccine requirements is dangerous to children, educators, health care workers and families of those unvaccinated, especially the elderly and those who are immunocompromised," Bell testified. In their questions to speakers, some lawmakers implied that immigrants and refugees in Maine are not being held to the same vaccination standards, and also suggested that border crossings in Texas are responsible for the measles outbreak, something that public health officials there have said there is no evidence for. Doctors and school nurses who testified pushed back on that position, saying immigrants and refugees are bound by the same vaccine requirements as all Mainers; anybody newly enrolling in a Maine school who doesn't have the required vaccines, including both immigrants and students who move from a different state, has a 90-day grace period to get up-to-date on immunizations. Copy the Story Link We believe it's important to offer commenting on certain stories as a benefit to our readers. At its best, our comments sections can be a productive platform for readers to engage with our journalism, offer thoughts on coverage and issues, and drive conversation in a respectful, solutions-based way. It's a form of open discourse that can be useful to our community, public officials, journalists and others. We do not enable comments on everything — exceptions include most crime stories, and coverage involving personal tragedy or sensitive issues that invite personal attacks instead of thoughtful discussion. You can read more here about our commenting policy and terms of use. More information is also found on our FAQs. Show less
Yahoo
07-04-2025
- Health
- Yahoo
Maine parents, health care workers again dispute bills to roll back vaccine requirements in schools
Apr. 7—AUGUSTA — In a Monday hearing on two bills to roll back school vaccine requirements in Maine, public health officials and medical professionals urged lawmakers to keep the state's vaccination laws, while parents who have chosen not to vaccinate their children argued the requirements prevent their families from accessing education. The first bill, LD 174, is sponsored by Rep. Gary Drinkwater, R-Milford, and would restore religious vaccine exemptions. The second, LD 727, is sponsored by Rep. Tracy Quint, R-Hodgdon, and would repeal vaccine requirements for a child to attend school in Maine. The Education and Cultural Affairs Committee combined the bills into a single hearing Monday, drawing a smaller crowd than similar bills in years past. Maine eliminated philosophical and religious exemptions for school vaccinations in 2021 following a voter referendum on the law that received 73% support. That change shifted Maine from the state with one of the lowest childhood vaccination rates to one of the highest in just two years. In 2024, the Maine Center for Disease Control and Prevention announced that the state had reached "herd immunity," meaning at least 95% of the population had been immunized. Before those exemptions were banned, Maine had one of the highest kindergarten vaccine opt-out rates in the country. During the 2017-18 school year, 5% of Maine kindergarteners did not have childhood vaccines for religious reasons, compared to a 1.8% national average. But the sponsors of the two bills heard Monday argued that Maine's rapidly improved vaccination rate is misleading because the law change prompted many families to opt out of traditional school and children began being homeschooled instead of getting immunized. And, they said, barring religious exemptions infringes on religious freedom and prevents certain students from receiving a public education. During the hearing, public health experts and many parents defended the state's vaccination progress and pointed to growing concerns about outbreaks of vaccine-preventable diseases elsewhere in the country. But many parents argued that a ban on religious exemptions has unfairly kept their children out of school and extracurricular activities like sports. Ana Frazier of Solon said she homeschools her son because he is not vaccinated and argued that, as a taxpayer, she should still be able to send her child to public school. "It feels like coercion, and it's heartbreaking to see my child and many others face this segregation and isolation from their peers. Every child deserves the right to participate in school activities regardless of their vaccination status," she said. Dawn Murray, a parent of five daughters, said her decision not to vaccinate her children has kept them from public education, sports, music and field trips. "We live in a society that demands that we accept beliefs and practices that we do not share," Murray testified. "Yet what we are experiencing now with the current vaccination law is not true freedom nor universal acceptance." Dr. Puthiery Va, the director of the Maine CDC, said the bills would threaten the health of students and put Maine at risk of an outbreak of a vaccine-preventable disease. Va pointed to Texas, where a second child recently died from measles, and which she said has one of the most lenient school immunization policies. Other medical professionals, like pediatrician Dr. Joe Anderson from the Maine chapter of the American Academy of Pediatrics, said the Texas outbreak should be a warning to Maine. "We don't have to imagine what happens when these protections are weakened. We're seeing it happen in real time. Texas is currently battling a massive measles outbreak with nearly 500 reported cases," Anderson said, adding that Maine is one of only four states that has increased its measles vaccination rate since the pandemic, which he said can make a big difference if the highly contagious disease reaches the state. The committee also heard from long-time school nurses like Rebecca Bell, from Casco Bay High School in Portland. "Removing vaccine requirements is dangerous to children, educators, health care workers and families of those unvaccinated, especially the elderly and those who are immunocompromised," Bell testified. In their questions to speakers, some lawmakers implied that immigrants and refugees in Maine are not being held to the same vaccination standards, and also suggested that border crossings in Texas are responsible for the measles outbreak, something that public health officials there have said there is no evidence for. Doctors and school nurses who testified pushed back on that position, saying immigrants and refugees are bound by the same vaccine requirements as all Mainers; anybody newly enrolling in a Maine school who doesn't have the required vaccines, including both immigrants and students who move from a different state, has a 90-day grace period to get up-to-date on immunizations. Copy the Story Link We believe it's important to offer commenting on certain stories as a benefit to our readers. At its best, our comments sections can be a productive platform for readers to engage with our journalism, offer thoughts on coverage and issues, and drive conversation in a respectful, solutions-based way. It's a form of open discourse that can be useful to our community, public officials, journalists and others. We do not enable comments on everything — exceptions include most crime stories, and coverage involving personal tragedy or sensitive issues that invite personal attacks instead of thoughtful discussion. You can read more here about our commenting policy and terms of use. More information is also found on our FAQs. Show less
Yahoo
07-04-2025
- Health
- Yahoo
Health experts urge caution as Maine lawmakers revisit vaccine exemptions
Dr. Puthiery Va, director of the Maine Center for Disease Control and Prevention, cited the ongoing measles outbreak in Texas — now affecting 22 states — as a clear warning against rolling back the state's vaccine requirements. (Photo: Eesha Pendharkar/ Maine Morning Star) Amid a growing measles outbreak in other parts of the country, Maine legislators heard testimony on Monday from parents, educators, and medical professionals on a proposal to repeal the state's vaccine requirements. The hearing reflected a sharp divide: some Republican lawmakers and parents called for reinstating religious exemptions, while health care professionals urged the state to maintain strict immunization rules to protect public health, especially in light of the anti-vaccine rhetoric of the federal government. 'It's frightening to see that the purveyors of these falsehoods are now in positions of authority in Washington,' said Dr. Sydney Sewall, a longtime pediatrician in Hallowell, said in an apparent reference to U.S. Health and Human Services Secretary Robert F. Kennedy Jr. 'Their misleading statements, which generally amplify the risks of vaccines and downplay the dangers of these diseases, have given strength to the anti-vaccine movement.' Two bills — LD 727 by Rep. Tracy Quint (R-Hodgdon) and LD 174 by Rep. Gary Drinkwater (R-Milford) — would reinstate nonmedical exemptions for school-required vaccines, six years after that provision was repealed. Supporters of the legislation raised concerns about vaccine ingredients and enforcement, particularly regarding immigrant students. Opponents, including doctors, school nurses, and public health officials, pushed back with scientific evidence and public health data showing that Maine's stricter vaccine policy has worked. Since the 2019 law ending religious and philosophical exemptions, the state's vaccination rate has risen from about 94 to 97%—enough to surpass the 95% herd immunity threshold. Public health advocates also pointed to Mainers' support for the law in a 2021 referendum, when voters rejected an attempt to reinstate nonmedical exemptions. Dr. Puthiery Va, director of the Maine Center for Disease Control and Prevention, cited the ongoing measles outbreak in Texas — now affecting 22 states — as a clear warning. 'The elimination of these requirements not only threatens the health of students, but also increases the likelihood of school and community outbreaks, disrupting education, creating an unnecessary burden on our health care system and financial burden,' Va said. Experts also cited the measles outbreak, which has resulted in two deaths, as an urgent reason to double down on vaccination requirements. 'While the science supporting vaccines hasn't changed — we still consider them to be safe and effective — the danger facing unprotected children seems to have escalated,' Sewall said. Drinkwater argued that Maine's law is 'not neutral,' and that religious exemptions to vaccines were protected by federal civil rights. A handful of parents and students who chose to leave public schools because of the vaccine requirements supported both bills, citing the sacrifice that unvaccinated children had to make to miss out on school and learning, as well as isolation from their peers due to being unable to participate in school sports and other activities. 'When they passed the law and I no longer had teachers around to help me, it became a struggle with my math skills,' said 14-year-old Caliope Murray-Trefts, who had to leave school when the vaccine requirements took effect. 'When I think about school now, I think how unfair it is … that I can't do any of that.' Some lawmakers and speakers, including Rep. Barbara Bagshaw (R-Windham), a member of the Education Committee, claimed there is a double standard for immigrant students. 'If our children have to be vaccinated, there's not the same standard for people coming from other countries that don't have the same requirements,' Bagshaw said. 'We're not enforcing that they take the same vaccinations.' But school nurses working in diverse districts — including Portland and South Portland — disputed those claims in public testimony and interviews with the Maine Morning Star. They explained that schools follow the same immunization process for all students, regardless of immigration status or where they moved from: schools review vaccination records and work with local public health networks to get students up to date, following Maine's 90-day compliance window. 'There is absolutely no difference' between immunization requirements for immigrant students and students who move from other U.S. states, said Becky Bell, a registered nurse with Portland Public Schools. Immigration status, she told the committee, 'has no bearing on whether they get immunized.' In fact, most immigrant students who move to Maine are already fully vaccinated, according to South Portland school nurse Mary Robbins and guidance clerk Natalie Dunn, who monitor immunization records in the district. SUPPORT: YOU MAKE OUR WORK POSSIBLE
