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| Name | Why Is Hindalco Stock Falling? | Hindalco Tanks 14% | Buy, Sell Or Hold? | Novelis | Stock Market |
| Video Uploader | Video From ET NOW |
| Upload Date | This Video Uploaded At 13-02-2024 09:53:02 |
| Video Discription | Shares of Hindalco fell by 14.13% on February 13, trading at Rs 500.15 at 12:48 PM. However, over the past 12 months, the stock had risen by 17.35%. The decline in share value came as its US-based subsidiary, Novelis, revised its return guidance for the Bay Minette project, expecting double-digit returns. The project saw a significant increase of 65% in total capital cost and a one-year delay, with the project cost now revised to $4.1 billion. The increase in civil and structural requirements costs was cited as the primary reason for the higher overall project cost. #hindalco #novelis #stockmarket #hindalconews #hindalcostock #hindalcoresults #etnow #etnownews Subscribe To ET Now For Latest Updates On Stocks, share market, business News, Trading, Crypto Updates | https://bit.ly/SubscribeToETNow To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com Subscribe Now To Our Network Channels:- Times Now: https://bit.ly/SubscribeToTimesNow Mirror Now: https://bit.ly/SubscribeToMirrorNow |
| Category | News & Politics |
| Tags | hindalco | hindalco stock | hindalco stock price | hindalco stock news | novelis | novelis earnings | hindalco stock today | stock market news | stock market updates | stock market news today | latest stock market updates | why are hindalco shares falling | hindalco share price today | hindalco stock falls 14% | et now | et now news | economic times | business news | business news today | business news latest | top business news | top news | share market updates | nifty |
