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Hindalco stock gained over 6% on Wednesday’s trade after postponing Novelis IPO.
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- June 05, 2024 15:39
Hindalco stock rallied over 6% on Wednesday’s trade
Hindalco stock closed higher by 6.46% on the NSE at ₹691. On the BSE, the stock ended the day’s trade at ₹690.95, higher by 6.82%.
- June 05, 2024 14:42
Hindalco surges 5%
The stock gained 4.90% on the NSE to trade at ₹680.85 as of 2.39 pm.
- June 05, 2024 14:20
Hindalco gains over 4%
Hindalco stock gained 4.60% on the NSE to trade at ₹678.90 as of 2.17 pm.
- June 05, 2024 13:30
Stock in focus: Hindalco
The stock surged 3.75% on the NSE, trading at ₹673.40 as of 1.28 pm.
- June 05, 2024 13:13
Hindalco in focus as subsidiary Novelis postpones US IPO
Hindalco stock trades higher by 2.50% on the NSE, trading at ₹665.30 as of 1.11 pm.
- June 05, 2024 12:56
Hindalco shares rose over 1%
Hindalco stock rose by 1.71% on the NSE, trading at ₹660.15 as of 12.53 pm.
- June 05, 2024 12:06
Hindalco stock in focus
The stock trades at ₹652 on the NSE, up 0.45% as of 12.03 pm.
- June 05, 2024 11:46
Hindalco stock plunged 6% in early trading on Wednesday
Bloomberg reported that shares of Hindalco plunged as much as 6.5% in early trading on Wednesday even as the country’s benchmark stock index rose. They slumped 6.7% on Tuesday amid the broad market selloff.
- June 05, 2024 11:33
Hindalco share price up 1%
The stock rises 1.02% on the NSE, trading at ₹655.70
- June 05, 2024 11:17
Sensex and Nifty gain amid high volatility; Novelis postpones IPO
Follow bl’s market live updates on Sensex, Nifty, BSE, NSE, share prices and Indian stock markets here
- June 05, 2024 11:12
Hindalco stock price on the NSE
Hindalco stock inched up 0.07% on the NSE to trade at ₹649.50.
- June 05, 2024 11:12
Hindalco’s Novelis IPO put on hold; enterprise value estimated at $17 billion
Hindalco Industries, an Aditya Birla group company, has postponed its proposed initial public offering of Novelis, a US subsidiary, to raise about $1.08 billion along with the greenshoe option.
The IPO was postponed due to adverse market conditions.
“Novelis will continue to evaluate the timing of the offering in the future,” the company said without providing further details.
- June 05, 2024 10:42
Hindalco stock performance on the BSE
Hindalco stock trades at ₹639.55, lower by 1.13% on the BSE as of 10.39 am.
- June 05, 2024 10:08
Hindalco share price in focus
Hindalco stock trades at ₹639.60 on the NSE, lower by 1.46% as of 10.06 am.
- June 05, 2024 09:54
Hindalco stock among top losers of Nifty 50 pack
The stock declined by 4.06% at 9.30 am.
- June 05, 2024 09:52
Hindalco stock in focus
Hindalco stock declined by 2.87% on the NSE, trading at ₹630.40 as of 9.51 am.
- June 05, 2024 09:52
Hindalco’s Novelis IPO put on hold; enterprise value estimated at $17 billion
Hindalco Industries, an Aditya Birla group company, has postponed its proposed initial public offering of Novelis, a US subsidiary, to raise about $1.08 billion along with the greenshoe option.
The IPO was postponed due to adverse market conditions.
“Novelis will continue to evaluate the timing of the offering in the future,” the company said without providing further details. Read more
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