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)
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
705.4 INR | +3.64% | +3.08% | +14.71% |
12:54pm | Indian Equities Dragged Down by Losses in Financial, IT Stocks | MT |
May. 28 | INDIA STOCKS-Metal, pharma stocks drive Indian benchmarks higher | RE |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
38,853 PTS | -0.55% | -2.56% | - | ||
10,023 INR | -1.53% | +1.30% | 35.27B | ||
1,219 INR | -0.17% | -0.31% | 8.6B | ||
705.4 INR | +3.64% | +3.08% | 18.18B | ||
62.45 USD | -1.78% | -3.54% | 119B | ||
39.32 USD | -0.96% | -0.83% | 307B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+14.71% | 18.18B | |
+55.90% | 17.88B | |
+2.28% | 13.57B | |
+27.06% | 7.76B | |
+40.83% | 7.35B | |
+60.69% | 7.09B | |
-.--% | 5.94B | |
+47.59% | 4.23B | |
+9.84% | 3.46B | |
+98.90% | 3.36B |
- Stock Market
- Equities
- HINDALCO Stock
- News Hindalco Industries Limited
- India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports