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The Latest Breaking News from Novelis

Aditya Birla Group levies royalty on Grasim, Hindalco, Novelis for brand use from June 2026

Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 crore. Grasim Industries expects royalty payments well below the established ceiling. Hindalco and Novelis will also adopt this new royalty payment structure. This transition marks a move…

The Economic Times · Aug 13

Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earnings

Hindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bullish, citing strong India operations, improving downstream mix and a recovery at Novelis, while raising their target prices and retaining Buy ratings on the stock.

The Economic Times · Aug 10

Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%

Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong India aluminium and copper operations and a recovery at Novelis. Revenue rose 32% to an all-time high of Rs 84,825 crore, while EBITDA surged 73% to Rs 14,989 crore, reflecting…

The Economic Times · Aug 7

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Hindalco rides aluminium supply shock, US unit Novelis' rebound in first quarter

Hindalco Industries sees strong performance from rising aluminium prices and Novelis' recovery. Global aluminium prices increased significantly due to supply shocks and a widening deficit. Novelis, its US subsidiary, improved operations after restarting its Oswego hot mill. The company achieved substantial cost savings and targets further operational improvements. Hindalco's India…

The Economic Times · Aug 7

Ford raises annual profit forecast again as truck demand stays strong

Ford Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensive pickup trucks, boosting results. Second-quarter core profit rose nearly twenty percent, offsetting tariff costs. Ford's electric vehicle sales declined, but a new electric pickup is planned. The automaker is…

The Economic Times · Jul 29

A Wall Street Firm Just Turned Bullish On Ford And GM. It Believes Gains Could Be As High As 22%

Jefferies has upgraded both Ford Motor and General Motors to "buy," arguing that improving earnings trends and stronger operating performance have created more attractive opportunities for investors.

International Business Times · Jul 27

Hindalco lines up potential Rs 1 lakh cr investment in India

Hindalco Industries plans a substantial Rs 50,000 crore investment over three years. An additional Rs 50,000 crore in growth opportunities is currently being evaluated. These investments will significantly enhance capacities across its upstream and downstream businesses. The company is scaling up its copper and aluminum operations to meet rising domestic…

The Economic Times · Jul 23

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Hindalco sees 5% rise in raw material costs, stays confident on key customers

Hindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novelis expects 2027 to be a key year for growth in aluminium can sheet production. Despite disruptions at Novelis' Oswego plant, Hindalco's India business achieved record profits.

The Economic Times · May 25

Hindalco shares decline 2% as Q4 profit falls 51%. Here’s what Nuvama and other brokerages said

Hindalco Industries' shares dipped after reporting a 51% YoY decline in net profit to Rs 2,597 crore for the March quarter, despite a 20% rise in consolidated revenue to Rs 78,133 crore. The company recommended a final dividend of Rs 5 per share. Analysts remain cautiously optimistic, with some raising…

The Economic Times · May 25

Hindalco Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividend

Hindalco Q4 Results: Hindalco on Friday reported a 51% year-on-year (YoY) decline in its consolidated net profit at Rs 2,597 crore in the fourth quarter, compared with Rs 5,283 crore in the last year quarter.

The Economic Times · May 22

Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net loss

Hindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash flow hit from plant fires. The company foresees significant cost savings and aims for positive free cash flow by year-end. While sales rose, net loss widened, and…

The Economic Times · May 20

The Ford F-150 Lightning's Struggles Are A Terrifying Lesson For The EV World

Shoppers are clearly interested in the Lightning. But Ford hasn't been able to get them to buy, for one major reason.

InsideEVs · Nov 13, 2025

Stellantis Beats Market Estimates With 13% Q3 Revenue Surge, CEO Says $13 Billion Investment To Increase US Production By 50%

Stellantis NV (NYSE:STLA) posted its third-quarter earnings recently, beating market expectations on revenue as CEO Antonio Filosa outlined major U.S. investment amid autonomous driving collaboration with Nvidia Corp (NASDAQ:NVDA).

Benzinga · Oct 31, 2025

Former Ford CEO Mark Fields Says US EV Demand Will See 'Gradual Growth' As Customers Pivot Away From Combustion Vehicles In Long Term

Former Ford Motor Co. (NYSE:F) CEO Mark Fields predicts that the demand for electric vehicles in the U.S. will grow long-term as customers shift away from ICE-powered vehicles.

Benzinga · Oct 27, 2025

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Motor1 · Oct 24, 2025

Ford Is Pausing F-150 Lightning Production To Focus on Gas Trucks

Ford F-150 Lightning production will remain paused for the foreseeable future. After the devastating fire at Novelis's aluminum plant in Oswego, New York, the automaker will shift its production priorities, increasing gas and hybrid F-Series output in the first quarter of 2026.

Benzinga · Oct 22, 2025

Fire At Key Ford Supplier Also Affects Rival Stellantis As Automaker Shuts Down Warren Plant Over Parts Shortage: Report

Stellantis NV (NYSE:STLA) is reportedly halting production at its Warren, Michigan, plant, producing the Jeep Wagoneer SUV, due to a fire incident at a supplier.

InsideEVs · Oct 9, 2025

Why General Motors Backed Out Of Its EV Lease Credit Plan

Plus, Ford dials back F-150 Lightning production, and the Feds threaten to pull back $1.1 billion in grants from GM and Stellantis.

Barchart · Oct 8, 2025

Ford Stock’s Joyride Halts On F-150 Woes: Should You Panic Sell F or Stay Put?

Ford stock crashed yesterday after reports of a fire at Novelis’s Oswego plant, which produces aluminum for U.S. automakers, including Ford’s popular F-150 pickup. Is it time to panic-sell the stock or stay put?

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Benzinga · Oct 8, 2025

Ford, Nissan Could Jointly Develop Japanese Automaker's Next Electric SUV, Stellantis Also In The Mix: Report

Michigan-based automakers Ford Motor Co. (NYSE:F) and Stellantis NV (NYSE:STLA) are reportedly in talks with Japanese automaker Nissan Motor Co. Ltd. (OTC:NSANY) to develop the company's next SUV, which could be an electrified version of the Rogue SUV.

Benzinga · Oct 8, 2025

Ford Down 1.5% Pre-Market As Fire At Key F-150 Supplier Could Disrupt Operations For Months: Toyota, Jeep-Maker Stellantis Also Affected

A fire, which took place on September 16, at a key Ford Motor Co. (NYSE:F) supplier, could disrupt the company's production operations for months.

Fortune · Jun 4, 2025

Can Iceland help the U.S. clean up its aluminum industry?

With Trump’s tariffs driving up prices, we’re reminded that aluminum shouldn’t be wasted—and Iceland may hold the key to its circularity.

Benzinga · Apr 19, 2022

Ball, Novelis Boost Recycled Content Of Ball Aluminum Cup To 90%

Ball Corp (NYSE:BLL), along with aluminum recycler and supplier Novelis, has raised the recycled content of Ball Aluminum Cup to 90%. Ball designed the lightweight aluminum cups to bring beverage packaging circularity to sports and entertainment venues. Producing the cup with 90% recycled content reduces its carbon footprint. The aluminum cup, manufactured in…

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