Hindalco Industries shares jump 4% on power purchase deal
Hindalco has inked a power purchase agreement with Seven Renewable Power for the acquisition of a 26% stake in the company.
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September 2018
Hindalco to invest ₹2,000 cr in copper and e-waste recycling unit
The hazardous nature of e-waste is compounded by improper handling leading to a significant loss of valuable materials, says Kumar Mangalam Birla
Hindalco Q3 profit falls 63% to ₹1,362 cr on high input costs
Revenue of Aditya Birla Group metals flagship rises 6% to ₹53,151 crore in Q3 FY23; EBITDA down 48% YoY to ₹3,930 cr.
Birla, The Commodity King
Global presence across multiple businesses ensures that he is readying the business for perpetuity.
Hindalco Q1 net profit rises 48% to record high, EBITDA grows
Hindalco reported its best-ever quarterly profitability levels on account of better macros, and robust performance of its aluminium downstream and copper subsidiaries.
Hindalco Q4 results: Net profit doubles to ₹3,851 crore
The aluminium maker's revenue from operations jumped 38% year-on-year to ₹55,764 crore in the fourth quarter.
Novelis to invest $2.5 billion in US aluminium plant
This is also the largest global greenfield expansion project of the Aditya Birla Group.
India Inc.’s green challenge
For sustainable practices to work, India Inc. needs a green-embedded business strategy, not a compliance-driven one.
Novelis finally buys Aleris, but what about the timing?
Kumar Mangalam Birla’s Hindalco seeks to expand into high-value aluminium downstream products in industries like aerospace with the acquisition, which faced regulatory hurdles
Kumar Mangalam Birla: As acquisitive as ever
The Aditya Birla Group has used an inorganic growth strategy over the years. Hindalco’s latest purchase of aluminium firm Aleris will help it diversify its product basket and counter risks.
