Hindalco Industries Ltd is up for a third straight session today. The stock is quoting at Rs 659.15, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 24282.7. The Sensex is at 80152.78, up 1.31%. Hindalco Industries Ltd has slipped around 4.87% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has slipped around 3.84% in last one month and is currently quoting at 8846.2, up 0.86% on the day. The volume in the stock stood at 20.74 lakh shares today, compared to the daily average of 70.68 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 654.45, up 0.54% on the day. Hindalco Industries Ltd is up 27.84% in last one year as compared to a 22.09% jump in NIFTY and a 27.43% jump in the Nifty Metal index.The PE of the stock is 26.11 based on TTM earnings ending September 24.Powered by Capital Market - Live

The growth in profitability was driven by a strong operational performance by the India business, favourable macros and prudent cost management. Profit before exceptional item and tax stood at Rs 6,157 crore in the September 2024 quarter, up 92.53% YoY. The firm reported an exceptional loss of Rs 514 crore during the quarter as against exceptional profit of Rs 33 crore posted in Q2 FY24. EBTIDA grew by 49% YoY to Rs 9,100 crore in the quarter ended 30 September 2024. Novelis' revenue stood at $4.3 billion in Q2 of FY25, up 5% YoY, driven by higher average aluminium prices. Novelis reported an adjusted EBITDA of $462 million in September 2024 quarter, down 5% YoY, due to less favourable metal benefit, unfavourable product mix, and $25 million flood impact at Sierre. The firm's adjusted EBITDA per ton, at $502, down 3.28% YoY. Novelis' total shipments of flat rolled products were at 945 KT in Q2 FY25, up 1% YoY, led by record beverage packaging shipments. Aluminium upstream revenue was at Rs 9,125 crore in Q2 FY25, up 16% YoY. Downstream revenue was Rs 3,161 crore in September 2024 quarter, up 20% YoY. Sales of Downstream Aluminium stood at 103 KT, up 10% YoY. Revenue from the copper business stood at Rs 13,114 crore, up 5% YoY, on account of higher average copper prices. Copper metal sales were 117 Kt in Q2 of FY25, down 13% YoY. Copper continuous cast rod (CCR) sales were at 90 Kt in the second quarter of FY25; down 10% YoY. Satish Pai, managing director, Hindalco Industries said, 'Our India business delivered a strong operational performance in Q2 bolstered by our relentless focus on operational reliability and cost management. Consequently, our Aluminium India Upstream business reported an EBITDA per tonne of $1,349' the highest in the last 10 quarters and the best-in-industry globally. The Copper business achieved another record quarterly EBITDA. Novelis' global footprint allowed the company to achieve record beverage packaging shipments, partially offsetting the impact from the flooding-related outage at Sierre. During the quarter, we made significant progress across our growth projects in India Business and Novelis. Our company's robust cash flow generation enabled us to maintain a consolidated net debt-to-EBITDA ratio below 1.2x. Notably, Hindalco has been recognized as the World's Most Sustainable Aluminium Company for the fifth consecutive year in the S&P Global Corporate Sustainability Assessment rankings 2024, achieving a score of 87 out of 100'up 9 points from last year's score, and our highest score till date. This achievement underscores our comprehensive approach to ESG, with dedicated efforts towards water positivity, zero waste to landfill, net-zero emissions, and preserving biodiversity.' Hindalco Industries, the metals flagship of the Aditya Birla Group, is the world's largest aluminium rolling and recycling company, a major copper player, and one of Asia's largest producers of primary aluminium. In India, Hindalco's aluminium manufacturing units cover the complete value chain, from bauxite mining, alumina refining, coal mining, captive power generation and aluminium smelting, to downstream value-addition of aluminium rolling, extruding, and foil making. Shares of Hindalco Industries rose 0.89% to Rs 661 on the BSE.Powered by Capital Market - Live

Net profit of Hindalco Industries rose 78.01% to Rs 3909.00 crore in the quarter ended September 2024 as against Rs 2196.00 crore during the previous quarter ended September 2023. Sales rose 7.45% to Rs 58203.00 crore in the quarter ended September 2024 as against Rs 54169.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales58203.0054169.00 7 OPM %13.5410.36 - PBDT8089.005041.00 60 PBT6157.003198.00 93 NP3909.002196.00 78 Powered by Capital Market - Live

Novelis stated that the current period's net income includes $61 million in charges associated with the production interruptions at Sierre, as well as higher restructuring and impairment expense and lower operating performance, partially offset by a favorable change in metal price lag and unrealized derivatives year-over-year. Net sales for the second quarter of fiscal year 2025 increased 5% versus the prior year period to $4.3 billion, mainly driven by higher average aluminum prices and a 1% increase in total flat rolled product shipments to 945 kilotonnes. Adjusted EBITDA decreased 5% versus the prior year to $462 million in the second quarter of fiscal year 2025, primarily driven by less favorable metal benefit due to a relatively rapid increase in aluminum scrap prices, unfavorable product mix, and a $25 million impact at Sierre as a result of the flood. These factors were partially offset by higher beverage packaging shipments. Adjusted EBITDA per tonne was down 6% year-over-year to $489. Net cash flow provided by operating activities was $374 million in the first six months of fiscal year 2025 compared to $290 million in the prior fiscal year period, primarily due to favorable changes in working capital. Novelis is a subsidiary of Hindalco Industries. Hindalco Industries is an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai. Powered by Capital Market - Live

Hindalco Industries Ltd fell 5.73% today to trade at Rs 667.65. The BSE Metal index is down 0.6% to quote at 31935.59. The index is down 3.62 % over last one month. Among the other constituents of the index, National Aluminium Company Ltd decreased 1.84% and Vedanta Ltd lost 0.79% on the day. The BSE Metal index went up 39.83 % over last one year compared to the 23.55% surge in benchmark SENSEX. Hindalco Industries Ltd has lost 7.59% over last one month compared to 3.62% fall in BSE Metal index and 1.66% drop in the SENSEX. On the BSE, 81330 shares were traded in the counter so far compared with average daily volumes of 1.74 lakh shares in the past one month. The stock hit a record high of Rs 772 on 03 Oct 2024. The stock hit a 52-week low of Rs 478.5 on 08 Nov 2023.Powered by Capital Market - Live

Hindalco Industries Ltd lost 4.79% today to trade at Rs 683.05. The BSE Metal index is down 0.83% to quote at 31352.21. The index is down 5.21 % over last one month. Among the other constituents of the index, NMDC Ltd decreased 1.24% and APL Apollo Tubes Ltd lost 0.62% on the day. The BSE Metal index went up 39.59 % over last one year compared to the 25.22% surge in benchmark SENSEX. Hindalco Industries Ltd has lost 4.86% over last one month compared to 5.21% fall in BSE Metal index and 5.55% drop in the SENSEX. On the BSE, 45141 shares were traded in the counter so far compared with average daily volumes of 1.59 lakh shares in the past one month. The stock hit a record high of Rs 772 on 03 Oct 2024. The stock hit a 52-week low of Rs 448.65 on 26 Oct 2023.Powered by Capital Market - Live

Hindalco Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 752.5, up 2.41% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 24854.1. The Sensex is at 81254.32, up 0.31%. Hindalco Industries Ltd has gained around 9.98% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 5.49% in last one month and is currently quoting at 9603.3, up 1.62% on the day. The volume in the stock stood at 30.98 lakh shares today, compared to the daily average of 64.16 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 755.5, up 2.68% on the day. Hindalco Industries Ltd is up 56.79% in last one year as compared to a 26.65% gain in NIFTY and a 43.44% gain in the Nifty Metal index.The PE of the stock is 36.33 based on TTM earnings ending June 24.Powered by Capital Market - Live

Hindalco Industries Ltd rose for a third straight session today. The stock is quoting at Rs 746.05, up 2.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.17% on the day, quoting at 24955. The Sensex is at 81387.34, down 0.27%. Hindalco Industries Ltd has added around 10.33% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has added around 6.93% in last one month and is currently quoting at 9839.95, up 0.96% on the day. The volume in the stock stood at 33.97 lakh shares today, compared to the daily average of 66.86 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 747.5, up 1.83% on the day. Hindalco Industries Ltd is up 54.02% in last one year as compared to a 26.07% jump in NIFTY and a 44.75% jump in the Nifty Metal index.The PE of the stock is 36.1 based on TTM earnings ending June 24.Powered by Capital Market - Live

Hindalco Industries Ltd rose for a fifth straight session today. The stock is quoting at Rs 761.65, up 1.94% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.09% on the day, quoting at 25894.4. The Sensex is at 84616.24, down 1.12%. Hindalco Industries Ltd has added around 11.37% in last one month. Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has added around 10.09% in last one month and is currently quoting at 10064.6, up 1.8% on the day. The volume in the stock stood at 42.13 lakh shares today, compared to the daily average of 65.18 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 765.3, up 1.59% on the day. Hindalco Industries Ltd is up 58.69% in last one year as compared to a 32.6% gain in NIFTY and a 50.72% gain in the Nifty Metal index.The PE of the stock is 36.96 based on TTM earnings ending June 24.Powered by Capital Market - Live

Hindalco Industries will hold a meeting of the Board of Directors of the Company on 11 November 2024.Powered by Capital Market - Live