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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5-day change | 1st Jan Change | ||
673.1 INR | -0.51% | +2.72% | +9.46% |
May. 24 | Indian Equities End with Marginal Losses on Friday Due to Profit-Booking Amid Negative Global Cues | MT |
May. 24 | Transcript : Hindalco Industries Limited, 2024 Earnings Call, May 24, 2024 |
Stocks mentioned in the article
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39,070 PTS | +0.01% | -2.33% | - | ||
10,231 INR | +0.60% | +3.45% | 35.51B | ||
1,235 INR | +0.42% | +6.01% | 8.71B | ||
673.1 INR | -0.51% | +2.72% | 18.01B | ||
63.58 USD | +0.89% | -0.76% | 121B | ||
39.7 USD | +1.35% | +1.04% | 310B | ||
EPS Revisions
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+9.46% | 18.01B | |
+40.77% | 16.58B | |
+0.67% | 13.06B | |
+22.47% | 7.48B | |
+39.17% | 7.26B | |
+59.64% | 7.05B | |
-.--% | 5.94B | |
+46.38% | 4.27B | |
+9.80% | 3.46B | |
+92.27% | 3.35B |
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- India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports