Hindalco crashes over 12% on capex surge at Novelis

February 14, 2024

US-based Novelis Inc – a subsidiary of the company – said that the company will now spend $4.1 billion on the integrated rolling and recycling plant to be set up in Bay Minette in the US, up a staggering 65% from the previously announced capex of $2.7-$2.8 billion.

More To Explore

Kalyan, Titan, other Jewellery stocks rally up to 5% on Dhanteras 2026. How is yellow metal placed this festive season?

Jewellery stocks rallied ahead of Dhanteras 2026 as investors anticipated stronger precious metal demand. Meanwhile, brokerages see opportunities in gold and silver following their recent

November 6, 2026

Maxwell Engineering shares list at 90% premium. Here’s how HGS, other 2 SME issues debuted

Maxwell Engineering Solutions, HGS (India), Vectras Enprocon, and Johnsoncab Electricals recently marked their presence on the stock exchange, collectively raising around Rs 201 crore via

November 6, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003