Hindalco Industries (BOM:500440)

QUOTE AND NEWS
The Hindu Business Line  Sep 9  Comment 
Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani for setting up of special economic zones as no work has been done to exe...
The Hindu Business Line  Sep 8  Comment 
Hindalco Industries edged up further to hold gains of 3.13 per cent in Monday afternoon trade on the BSE. At 2.35 pm it was quoting at ₹173. The stock had ended Friday’s session at ₹167.75. ...
The Hindu Business Line  Sep 1  Comment 
Hindalco Industries made rapid strides in the latter half of the day to record gains of 4.64 per cent and emerge the top gainer on the BSE near the close. At 2.55 pm it was trading at ₹178 as agai...
The Economic Times  Sep 1  Comment 
The Central Bureau of Investigation filed the case against Birla in relation to a block allocated in 2005 to Hindalco.
The Hindu Business Line  Aug 26  Comment 
Metal stocks Hindalco Industries and Tata Steel maintained their firm undertone on the bourses on Tuesday. Hindalco Industries was the top gainer on the NSE as well, ending the day at ₹170.50, up...
The Hindu Business Line  Aug 26  Comment 
Metal stocks Hindalco Industries and Tata Steel held firm to stay ahead of the pack on the BSE on Tuesday. At 3.45 pm Hindalco Industries was quoting at ₹170.65, up 3.64 per cent on its previous c...
The Hindu Business Line  Aug 22  Comment 
Banking and IT stocks were the predominant gainers on the NSE by the close of trading on Friday. However, Hindalco Industries traded firm to emerge the top gainer by the close. At 3.25 pm it held...
The Economic Times  Aug 14  Comment 
Analysts, on an average, were expecting a profit of Rs. 431.8 crore on revenue of Rs. 8005.2 crore, according to a poll conducted by Bloomberg.
The Economic Times  Aug 8  Comment 
Shares of Hindalco Industries fell as much as 2.1% after its unit Novelis Inc's April-June operating profit lags some estimates, analysts said.
The Hindu Business Line  Aug 7  Comment 
Novelis Inc, a subsidiary of Hindalco Industries, has reported that its net profit more than doubled to $35 million (₹210 crore) in the first quarter of this fiscal against $14 million regi...




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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
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