Latest news with #HindalcoIndustries
Business Upturn
3 days ago
- Business
- Business Upturn
Nifty 50 top losers today, May 30: Bajaj Auto, Hindalco Industries, HCL Technologies, Shriram Finance and more
By Aman Shukla Published on May 30, 2025, 15:40 IST The Indian stock market ended in the red on Friday, May 30, 2025, as benchmark indices faced a broad-based decline. The BSE Sensex dropped 182.01 points, or 0.22%, to close at 81,451.01, while the Nifty 50 slipped 82.90 points, or 0.33%, to settle at 24,750.70. Several heavyweights from the Nifty 50 ended in negative territory. Among the biggest losers of the day were well-known names like Bajaj Auto, Hindalco Industries and HCL Technologies. Let's take a closer look at the top losers of the Nifty 50, according to Trendlyne. Nifty 50 top losers on May 30 Bajaj Auto closed at ₹8,607, down 3.0%. Hindalco Industries ended at ₹633.5, falling 2.5%. HCL Technologies settled at ₹1,631.5, a drop of 2.0%. Shriram Finance closed at ₹639.9, declining 1.9%. Tech Mahindra ended at ₹1,570.6, down 1.8%. NTPC settled at ₹333.9, falling 1.6%. Nestle India closed at ₹2,396.2, down 1.6%. Asian Paints ended at ₹2,259.1, a decline of 1.5%. Oil and Natural Gas Corporation settled at ₹239.4, down 1.5%. Sun Pharmaceutical Industries closed at ₹1,674.9, falling 1.5%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
7 days ago
- Business
- Time of India
Hindalco eyes up to ₹8,000 crore in capex spending this fiscal
Aditya Birla Group 's metal flagship Hindalco Industries has set a capital expenditure target of about ₹7,500-₹8,00 crore for the current financial year, according to a regulatory filing. Hindalco Industries Managing Director Satish Pai, during a conference call post-announcement of Q4 earnings, said that this year's capex "guidance is about ₹7,500 crore to ₹8,000 crores". When asked about the capex guidance for the next financial year, Pai said: "I think the next year will be peak when we will start to have many of the upstream projects kicking in. But let me give you that guidance towards third quarter of this year when we know exactly what the cash out will be." The company's capital expenditure was ₹6,500 crore in the last financial year. "Last year we spent ₹6,500 crore, just for comparison," he said. The consolidated net profit of the company rose 66 per cent to ₹5,284 crore in the quarter ended March 2025, driven by a strong performance by Indian operations supported by favourable macroeconomic condition and lower inputs costs. The company had posted a consolidated PAT (profit after tax) or net profit at ₹3,174 crore in the year-ago period, Hindalco Industries said in a statement. The consolidated revenue from operations in the January-March quarter rose to ₹64,890 crore from ₹55,994 crore in the year-ago period. The consolidated PAT for the year-ended March 2025 rose to ₹16,002 crore from ₹10,155 crore recorded in FY24. Revenue from operations in the last fiscal increased to ₹2,38,496 crore compared to ₹2,15,962 crore in FY24. Hindalco, a USD 28-billion metal powerhouse, is the world's largest aluminium company by revenues, and the world's second largest copper rods manufacturer (outside China). Hindalco operates across the value chain, from bauxite mining, alumina refining, coal mining, captive power plants and aluminium smelting to downstream rolling, extrusions, and foils. Along with its subsidiary Novelis, Hindalco is the global leader in flat rolled products and the world's largest recycler of aluminium.
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Business Standard
7 days ago
- Business
- Business Standard
Hindalco eyes up to Rs 8,000 crore in capex spending this fiscal
Aditya Birla Group's metal flagship Hindalco Industries has set a capital expenditure target of about Rs 7,500-Rs 8,00 crore for the current financial year, according to a regulatory filing. Hindalco Industries Managing Director Satish Pai, during a conference call post-announcement of Q4 earnings, said that this year's capex "guidance is about Rs 7,500 crore to Rs 8,000 crores". When asked about the capex guidance for the next financial year, Pai said: "I think the next year will be peak when we will start to have many of the upstream projects kicking in. But let me give you that guidance towards third quarter of this year when we know exactly what the cash out will be." The company's capital expenditure was Rs 6,500 crore in the last financial year. "Last year we spent Rs 6,500 crore, just for comparison," he said. The consolidated net profit of the company rose 66 per cent to Rs 5,284 crore in the quarter ended March 2025, driven by a strong performance by Indian operations supported by favourable macroeconomic condition and lower inputs costs. The company had posted a consolidated PAT (profit after tax) or net profit at Rs 3,174 crore in the year-ago period, Hindalco Industries said in a statement. The consolidated revenue from operations in the January-March quarter rose to Rs 64,890 crore from Rs 55,994 crore in the year-ago period. The consolidated PAT for the year-ended March 2025 rose to Rs 16,002 crore from Rs 10,155 crore recorded in FY24. Revenue from operations in the last fiscal increased to Rs 2,38,496 crore compared to Rs 2,15,962 crore in FY24. Hindalco, a $28-billion metal powerhouse, is the world's largest aluminium company by revenues, and the world's second largest copper rods manufacturer (outside China). Hindalco operates across the value chain, from bauxite mining, alumina refining, coal mining, captive power plants and aluminium smelting to downstream rolling, extrusions, and foils. Along with its subsidiary Novelis, Hindalco is the global leader in flat rolled products and the world's largest recycler of aluminium. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
7 days ago
- Business
- Time of India
Hindalco eyes up to Rs 8,000 crore in capex spending this fiscal
Aditya Birla Group 's metal flagship Hindalco Industries has set a capital expenditure target of about Rs 7,500-Rs 8,00 crore for the current financial year, according to a regulatory filing. Hindalco Industries Managing Director Satish Pai, during a conference call post-announcement of Q4 earnings, said that this year's capex "guidance is about Rs 7,500 crore to Rs 8,000 crores". When asked about the capex guidance for the next financial year, Pai said: "I think the next year will be peak when we will start to have many of the upstream projects kicking in. But let me give you that guidance towards third quarter of this year when we know exactly what the cash out will be." The company's capital expenditure was Rs 6,500 crore in the last financial year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Calcule cuánto podría ganar invirtiendo $200 en Amazon CFD's y otras acciones de indetenible Undo "Last year we spent Rs 6,500 crore, just for comparison," he said. The consolidated net profit of the company rose 66 per cent to Rs 5,284 crore in the quarter ended March 2025, driven by a strong performance by Indian operations supported by favourable macroeconomic condition and lower inputs costs. Live Events The company had posted a consolidated PAT (profit after tax) or net profit at Rs 3,174 crore in the year-ago period, Hindalco Industries said in a statement. The consolidated revenue from operations in the January-March quarter rose to Rs 64,890 crore from Rs 55,994 crore in the year-ago period. The consolidated PAT for the year-ended March 2025 rose to Rs 16,002 crore from Rs 10,155 crore recorded in FY24. Revenue from operations in the last fiscal increased to Rs 2,38,496 crore compared to Rs 2,15,962 crore in FY24. Hindalco, a USD 28-billion metal powerhouse, is the world's largest aluminium company by revenues, and the world's second largest copper rods manufacturer (outside China). Hindalco operates across the value chain, from bauxite mining, alumina refining, coal mining, captive power plants and aluminium smelting to downstream rolling, extrusions, and foils. Along with its subsidiary Novelis, Hindalco is the global leader in flat rolled products and the world's largest recycler of aluminium.
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 rangebound in the morning session on Wednesday, following the announcement of its March quarter results (Q4) and a dividend by the company. During the trade, Hindalco stock hit the day's high of ₹ 671.50 and a low of ₹ 655. As of 11.40 am, the metal company's stock was trading 0.10% lower at ₹ 662.05. Analysts, meanwhile, remain split on the stock post the earnings announcement. Hindalco Industries on Tuesday announced that its consolidated net profit for the March quarter increased by 66% to ₹ 5,283 crore from ₹ 3,174 crore during the same period last year. Revenues from operations in Q4FY25 stood at ₹ 64,890 crore, 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 earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 43% to ₹ 10,296 crore. Analysts, while positive on the domestic aluminum business (both upstream and downstream), are watchful of its US subsidiary Novelis' performance in the wake of US President Donald Trump's 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 a 'Neutral' rating on the stock. Hindalco delivered a strong Q4FY25 performance, surpassing consensus expectations, which, as per YES Securities, were 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 aluminium business for Hindalco continues to reach new operational milestones,' it said. Sequential improvement was also seen in the downstream aluminium business, where EBITDA/tonne increased from $179 in the prior quarter to $240. The brokerage values Hindalco on a SOTP basis to arrive at a revised target price of ₹ 721/share. Motilal Oswal Financial Services expects a healthy consolidated performance for FY26 or 27, mainly driven by the strong domestic operations. This prompted the brokerage to raise its 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. It reiterated a 'Buy' rating on Hindalco with a revised SoTP-based target price of ₹ 790.
