Information technology stocks across the board have rebounded after the losses in the recent sessions. Stocks such as Infosys, HCL Technologies, Mphasis, and L&T Technology Services have risen 3-5% last week.
KM Birla said to mull seeking $1.2 billion in Novelis IPO
Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, the people said, asking not to be identified because the matter is private.