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Hindalco Industries Ltd (HALC.NS)

HALC.NS on National Stock Exchange of India

226.35INR
10:48am BST
Change (% chg)

Rs-0.30 (-0.13%)
Prev Close
Rs226.65
Open
Rs227.95
Day's High
Rs228.15
Day's Low
Rs224.20
Volume
5,731,209
Avg. Vol
11,273,930
52-wk High
Rs284.00
52-wk Low
Rs192.35

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Thu, Jul 26 2018

U.S. aluminum firm Novelis to buy Aleris for $2.6 billion

MUMBAI India's Hindalco Industries Ltd said its U.S. unit Novelis Inc has agreed to buy aluminum processor Aleris Corp for $2.6 billion, giving it a foothold in supplying the aerospace industry and other value-added businesses globally.

UPDATE 2-U.S. aluminium firm Novelis to buy Aleris for $2.6 bln

* Will increase Novelis capacity to 4.4 million tonnes (Adds Breakingviews link)

Hindalco Industries' U.S. unit to buy Aleris for $2.6 bln

MUMBAI, July 26 India's Hindalco Industries Ltd said on Thursday its U.S. unit Novelis Inc has agreed to buy aluminium maker Aleris Corp for $2.6 billion, giving the company an entry into the aerospace sector and a higher customer base in the car industry.

Indian shares end lower; Kotak Mahindra Bank top drag

July 19 Indian shares ended lower on Thursday, a day ahead of a no-confidence motion against the government, dragged by financial stocks such as Kotak Mahindra Bank Ltd .

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