Hindalco Industries Limited (HINDALCO.BO)
| Previous close | 618.20 |
| Open | 620.35 |
| Bid | 625.45 x 0 |
| Ask | 626.45 x 0 |
| Day's range | 618.00 - 629.40 |
| 52-week range | 398.00 - 661.30 |
| Volume | |
| Avg. volume | 310,390 |
| Market cap | 1.402T |
| Beta (5Y monthly) | 1.41 |
| PE ratio (TTM) | 14.82 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 3.00 (0.49%) |
| Ex-dividend date | 14 Aug 2023 |
| 1y target est | N/A |
- Bloomberg
Indian Billionaire Birla Said to Mull Seeking $1.2 Billion in Novelis IPO
(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USArm Slides as Tepid Outlook Fuels Concerns Over AI SlowdownBillionaire Kumar Mangalam Bir
- Reuters
UPDATE 2-India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports
Hindalco Industries , owned by Indian billionare Kumar Mangalam Birla, is considering seeking about $1.2 billion in the initial public offering of its U.S.-based unit Novelis, Bloomberg News reported on Wednesday. Hindalco, one of India's largest aluminium and copper producers, may target a valuation of about $18 billion for Novelis, which the Birla group will seek to list on the New York Stock Exchange by September, the report added, citing people familiar with the matter.
- Reuters
Aluminum products maker Novelis confidentially files for US IPO
Aluminum products maker Novelis has confidentially filed papers with the SEC, joining the likes of Reddit seeking to gauge investor interest in an IPO.
