Hindalco Industries Limited (HINDALCO.BO)
| Previous close | 653.05 |
| Open | 654.85 |
| Bid | 655.30 x 0 |
| Ask | 656.00 x 0 |
| Day's range | 650.50 - 658.60 |
| 52-week range | 398.00 - 665.75 |
| Volume | |
| Avg. volume | 284,600 |
| Market cap | 1.467T |
| Beta (5Y monthly) | 1.41 |
| PE ratio (TTM) | 15.51 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 3.00 (0.46%) |
| Ex-dividend date | 14 Aug 2023 |
| 1y target est | N/A |
- Bloomberg
Tycoon Birla’s Novelis Plans US IPO As Soon As June
(Bloomberg) -- Novelis Inc., the aluminum products maker owned by billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd., is seeking to complete a planned US initial public offering as soon as early June, according to people familiar with the matter.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sal
- Reuters
Aluminum products maker Novelis makes US IPO filing public
The company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of a "soft landing" for the economy, where inflation falls without a recession or big job losses. Novelis is seeking to complete the planned IPO as soon as early June, Bloomberg News reported, citing people familiar with the matter. Novelis, a leading producer of flat-rolled aluminum products, did not immediately respond to a Reuters request for comment for more details on the IPO.
- Reuters
UPDATE 3-Aluminum products maker Novelis makes US IPO filing public
Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial public offering in the United States on Monday. The company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of a "soft landing" for the economy, where inflation falls without a recession or big job losses. Novelis is seeking to complete the planned IPO as soon as early June, Bloomberg News reported, citing people familiar with the matter.
