Hindalco Industries (BOM:500440)

QUOTE AND NEWS
The Hindu Business Line  Aug 27  Comment 
Hindalco Industries, an Aditya Birla Group company, plans to raise ₹6,000 crore through issue of non-convertible debentures on a preferential basis. The Board will consider raising the fu...
The Hindu Business Line  Aug 21  Comment 
Hindustan Unilever spurted 1.36 per cent to emerge the top gainer on the NSE as well near the close on Friday. At 3.24 pm the share was trading at Rs 883.95 against Rs 872.05 at close overnight....
The Economic Times  Aug 17  Comment 
"The necessity of exporting larger quantity of aluminium may not be required. We first fill up the domestic market. Only then the overflow goes to the export market."
Reuters  Aug 14  Comment 
Aluminium and copper producer Hindalco Industries Ltd posted a 67 percent fall in quarterly profit, hurt by lower metal prices and realisations.
The Economic Times  Aug 13  Comment 
'Hindalco Industries Ltd is a 'SELL' call with a target of Rs 92 and a stop loss of Rs 98.'
The Economic Times  Aug 4  Comment 
'Hindalco Industries Ltd. is a 'BUY' call with a target of Rs 113 and a stop loss of Rs 106'
The Hindu Business Line  Jul 20  Comment 
Metal shares Hindalco Industries and Tata Steel were among the top gainers on the BSE on Monday. At 10.50 am the share was trading at Rs 108.55, against Rs 107.40 at close last Friday. This repres...
The Hindu Business Line  Jul 20  Comment 
The Hindu Business Line  Jun 24  Comment 
Investors with a short-term perspective can consider selling the stock of Hindalco Industries at current levels. The stock has been on an intermediate-term downtrend from its June 2014 peak...
The Hindu Business Line  Jun 18  Comment 
Life Insurance Corporation of India has raised its stake in Hindalco Industries by 2.009 percentage points through open market purchases between April 16 and June 17. Following the purchas...




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

Business Profile

Hindalco Industries (Bombay Stock Exchange: 500440), a flagship company of the Aditya Birla group, is structured into two strategic businesses aluminum and copper. HINDALCO commenced its operations in 1962 with an aluminum facility in Renukoot, Uttar Pradesh. Birla Copper, HINDALCO`s copper division is situated in Dahej, Bharuch district, Gujarat.

The aluminum division`s product range includes alumina chemicals, primary aluminum ingots, billets, wire rods, rolled products, extrusions, foils and alloy wheels. It enjoys a domestic market share of 42% in primary aluminum, 63% in rolled products, 20% in extrusions, 44% in foils and 31% in wheels. To provide value-added products and services, HINDALCO has launched several brands in recent years, which include Aura for alloy wheels, Freshwrapp for kitchen foil and Everlast for roofing sheets. The copper plant produces copper cathodes, continuous cast copper rods and precious metals like gold, silver and platinum group metal mix. Sulphuric acid, phosphoric acid, di-ammonium phosphate, other phosphatic fertilizers and phospho-gypsum are also produced at this plant.

Hindalco Industries has a 51% shareholding in Aditya Birla Minerals which has mining and exploration activities focused at the Nifty copper operation and the Mt Gordon copper operation in Australia. The company has two R&D centers; the Belgaum Research and Development Center in Belgaum, Karnataka and Taloja Research and Development Center in Taloja, Maharashtra. They have been recognized by the Government of India`s Department of Scientific and Industrial Research (DSIR).

Competition

  • National Aluminium Company - National Aluminium Company, a public sector unit, is Asia's largest integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations. [1]

References

  1. [http://www.nalcoindia.com/home.html , Company website
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki