BENGALURU, May 8 (Reuters) - 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, citing people familiar with the matter. (Reporting by Manvi Pant in Bengaluru; Editing by Savio D'Souza)
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Other stock markets
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5-day change | 1st Jan Change | ||
680.2 INR | +0.41% | -1.31% | +10.63% |
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Stocks mentioned in the article
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5d. change
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Capi.
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38,886 PTS | +0.20% | +2.03% | - | ||
10,463 INR | +4.06% | +5.52% | 34.72B | ||
1,265 INR | +1.11% | +6.70% | 8.78B | ||
680.2 INR | +0.41% | -1.31% | 18.03B | ||
61.94 USD | +0.28% | +0.02% | 118B | ||
39.7 USD | -0.65% | +2.77% | 310B | ||
EPS Revisions
1st Jan change | Capi. | |
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+10.63% | 18.03B | |
+45.90% | 17.36B | |
+25.44% | 7.66B | |
+38.51% | 7.23B | |
+59.07% | 7.02B | |
-.--% | 5.94B | |
+40.43% | 3.97B | |
+14.84% | 3.61B | |
+101.66% | 3.5B | |
-0.45% | 2.9B |
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- India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports