Company Profile

HINDALCO INDUSTRIES LTD.

NSE : HINDALCOBSE : 500440ISIN CODE : INE038A01020Industry : Metal - Non Ferrous House : Birla Aditya
BSE146.35-1.4 (-0.95 % )
PREV CLOSE (Rs.) 147.75
OPEN PRICE (Rs.) 148.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 670716
TODAY'S LOW / HIGH (Rs.)144.65 149.15
52 WK LOW / HIGH (Rs.)85.05 221.2
NSE146.40 -1.35 (-0.91 % )
PREV CLOSE(Rs.) 147.75
OPEN PRICE (Rs.) 148.60
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 146.40 (692 )
VOLUME 10780269
TODAY'S LOW / HIGH(Rs.) 144.55 149.45
52 WK LOW / HIGH (Rs.)84.9 221.2

Company News

Date Heading Details
15-Jun-2020 Hindalco Industries reports 43% fall in Q4 consolidated net profit <p align="justify">Hindalco Industries has reported results for the fourth quarter and year ended March 31, 2020.<p align="justify">The company has reported a 38.14% rise in its net profit of Rs 326 crore for the quarter under review as compared to Rs 236 crore for the same quarter in the previous year. However, total income of the company decreased by 19.89% at Rs 10200 crore for Q4FY20 as compared Rs 12733 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported a 43.21% fall in its net profit attributable to owners of Rs 669 crore for the quarter under review as compared to Rs 1178 crore for the same quarter in the previous year. Total income of the company decreased by 13.52% at Rs 29624 crore for Q4FY20 as compared Rs 34255 crore for the corresponding quarter previous year.<p align="justify">For the year ended March 31, 2020, the company has reported a 48.55% fall in its net profit of Rs 620 crore as compared to Rs 1205 crore for the previous year. Total income of the company decreased by 12.23% at Rs 40981 crore for year under review as compared to Rs 46689 crore for year ended March 31, 2019.<p align="justify">For the year ended March 31, 2020, on the consolidated basis, the company has reported a 31.46% fall in its net profit attributable to owners of Rs 3767 crore as compared to Rs 5496 crore for the previous year. Total income of the company decreased by 9.37% at Rs 119330 crore for year under review as compared to Rs 131669 crore for year ended March 31, 2019.</p>
05-Jun-2020 Hindalco Industries informs about record date <P align=justify>Pursuant to the Regulation 60(2) of the Listing Regulations, Hindalco Industries has informed that the details pertaining to the date of payment of interest and record date thereof, in respect of the Secured Redeemable Non-convertible Debentures 9.55% Series 2012 -II issued by the Company (ISIN No: INE038A07266) as enclosed.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<BR>
05-Jun-2020 Hindalco Industries submits details of equity shares dematerialized and rematerialized <p align="justify">Hindalco Industries has informed that the Company enclosed list containing details of the Nil Equity Shares of face value Re 1 each dematerialized, Nil Equity Shares of face value Re 1 each rematerialized by the Company during the period of 1st May 2020 to 31st May, 2020, out of the total paid up capital of 2246284546 Equity shares.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
02-May-2020 Hindalco Industries informs about conference call <P align=justify>Pursuant to Regulation 30 of Listing Regulations, Hindalco Industries has informed that 'Q4 &amp; FY20 Earnings Conference Call' of Novelis Inc for the quarter &amp; full year ended 31st March, 2020 is scheduled on Thursday, 07th May, 2020 following the announcement of Financial Results for Q4 &amp; Full Year FY20 at 17:00 HRS IST (India time). Details pertaining to the said call are enclosed and the same is also uploaded on the Company's website www.hindalco.com.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.
27-Apr-2020 Hindalco industries informs about confirmation certificate <P align=justify>Hindalco industries has informed that it has enclosed certificate of confirming timely payment of interest on 9.55% Series 2012-I of secured redeemable non- convertible Debentures having&nbsp;ISIN: INE038A07258, under Regulation 57(1) of Securities and Exchange Board of India (Listing Obligations &amp; Disclosure Requirements) Regulations, 2015.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.
15-Apr-2020 Hindalco Industries' arm completes acquisition of Aleris <p align="justify">Hindalco Industries' wholly-owned subsidiary -- Novelis Inc. has completed the acquisition of Aleris Corporation. The acquisition, which closed at an enterprise value of $2.8 billion, positions Hindalco as one of the world's largest aluminium companies, with a global footprint spanning 49 state-of-the-art manufacturing facilities in North America, Europe and Asia. The Aleris deal marks a major milestone for Hindalco and Novelis, on their path to global leadership.&nbsp;&nbsp; </p><p align="justify">Hindalco Industries is an industry leader in aluminium and copper. The company's aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.<br></p>
15-Apr-2020 Biocon, Dr. Reddy's and Hindalco Industries to see some action today <p align="justify"><strong>Biocon</strong> and Mylan N.V. have launched Fulphila, a biosimilar to Neulasta (pegfilgrastim) in Australia. Fulphila is approved by the Therapeutic Goods Administration for the treatment of cancer patients following chemotherapy, to decrease the duration of severe neutropenia and so reduce the incidence of infections, as manifested by febrile neutropenia. Fulphila is now available on the Pharmaceutical Benefits Scheme (PBS).</p><p align="justify"><strong>Dr. Reddy's Laboratories</strong> and its subsidiaries have launched authorized generic version of NitroDur (nitroglycerin) Transdermal Infusion System. The combined market for all Nitrogylcerin Transdermal Patch products had U.S. sales of approximately $14.7 million MAT for the most recent twelve months ending in January 2020 according to IQVIA Health.</p><p align="justify"><strong>Hindalco Industries'</strong> wholly-owned subsidiary-- Novelis Inc. has completed the acquisition of Aleris Corporation. The acquisition, which closed at an enterprise value of $2.8 billion, positions Hindalco as one of the world's largest aluminium companies, with a global footprint spanning 49 state-of-the-art manufacturing facilities in North America, Europe and Asia. The Aleris deal marks a major milestone for Hindalco and Novelis, on their path to global leadership.&nbsp;&nbsp; </p><p align="justify"><strong>Gensol Engineering</strong> has won the tenders from Central Electronics (CEL), Reserve Bank of India (RBI), Bihar Renewable Energy Development Agency (BREDA), Hindustan Petroleum Corporation (HPCL) and Gas Authority of India (GAIL). </p><p align="justify"><strong>Welspun Corp</strong> has partially resumed operations at Anjar plant, with full compliance to the conditions of operation as stipulated in the permission to avoid any infection due to COVID-19. This is a partial re-start, and rest of the plants will be re-started gradually as and when the company is fully prepared. </p><p align="justify"><strong>Tata Motors</strong> has launched ‘Click to Drive', an end to end full online sales experience enabling customers to buy a Tata Motors car with a click of a button from the comfort of their homes. This platform has been integrated with all Tata Motors dealers from more than 750 outlets across the country and will also offer vehicle home delivery for our customers at a later date.</p><p align="justify"><strong>DFM Foods</strong> has partially resumed its operations at its manufacturing plant at Greater Noida in Uttar Pradesh (UP). The company has put in place requisite safety measure for employees working at the said plant and other locations, which are in line with the guidelines issued by Central/ State Governments all over India to prevent the spread of COVID-19.<br></p>
15-Apr-2020 Hindalco Industries jumps as its arm completes acquisition of Aleris <p align="justify">Hindalco Industries is currently trading at Rs. 120.30, up by 6.50 points or 5.71% from its previous closing of Rs. 113.80 on the BSE.</p><p align="justify">The scrip opened at Rs. 119.25 and has touched a high and low of Rs. 123.95 and Rs. 116.85 respectively. So far 426370 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 221.20 on 02-Jan-2020 and a 52 week low of Rs. 85.05 on 23-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 123.95 and Rs. 99.00 respectively. The current market cap of the company is Rs. 25562.72 crore.</p><p align="justify">The promoters holding in the company stood at 34.65%, while Institutions and Non-Institutions held 46.05% and 13.39% respectively.</p><p align="justify">Hindalco Industries' wholly-owned subsidiary -- Novelis Inc. has completed the acquisition of Aleris Corporation. The acquisition, which closed at an enterprise value of $2.8 billion, positions Hindalco as one of the world's largest aluminium companies, with a global footprint spanning 49 state-of-the-art manufacturing facilities in North America, Europe and Asia. The Aleris deal marks a major milestone for Hindalco and Novelis, on their path to global leadership.&nbsp;&nbsp; </p><p align="justify">Hindalco Industries is an industry leader in aluminium and copper. The company's aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines. </p><p align="justify"><br></p>
09-Apr-2020 Hindalco Industries informs about press release <P align=justify>Pursuant to Regulation 30 of Listing Regulations, Hindalco Industries has informed that the company has enclosed the Press Release on 8th April 2020 regarding Novelis Inc.subsidiary of Hindalco Industries receiving clearance for Aleris acquisition.<P align=justify>The above information is a part of company's filings submitted to BSE.<P><BR>
04-Mar-2020 Hindalco Industries informs about company updates <p align="justify">Hindalco Industries has informed about submission of list containing details of the 10654 Equity Shares of face value Re 1 each dematerialized, 3960 Equity Shares of face value Re 1 each rematerialized by the Company during the period of 1st February 2020 to 29th February , 2020, out of the total paid up capital of 2246062780 Equity shares.&nbsp;<p align="justify">The above information is a part of company's filings submitted to BSE.</p>