Hindalcos Novelis hikes aluminium prices in Europe

In a statement to CNBC-TV18, Novelis says the hike in prices was applicable for new orders not covered in current supply pacts.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Realasset
moneycontrol.com

Home » News » Business

Jun 24, 2013, 10.44 PM | Source: CNBC-TV18

Hindalco's Novelis hikes aluminium prices in Europe

In a statement to CNBC-TV18, Novelis says the hike in prices was applicable for new orders not covered in current supply pacts.

Like this story, share it with millions of investors on M3

Hindalcos Novelis hikes aluminium prices in Europe

In a statement to CNBC-TV18, Novelis says the hike in prices was applicable for new orders not covered in current supply pacts.

Post Your Comments

Share Cancel

Hindalcos Novelis hikes aluminium prices in Europe
Hindalco Industries ' US arm Novelis increased the prices of painted aluminum sheet products in Europe by 100 euro per tonne. In a statement to CNBC-TV18, Novelis says the hike in prices was applicable for new orders not covered in current supply pacts.

Also Read: Industrial metals may take support from US economy: N Bang

Novelis provides a variety of specialised aluminium products designed to meet the exacting requirements of the construction industry, while enabling architects to bring their most innovative and ambitious designs to life in an eco-friendly and cost-effective way.

Hindalco stock price

On May 27, 2016, Hindalco Industries closed at Rs 91.85, up Rs 1.55, or 1.72 percent. The 52-week high of the share was Rs 134.80 and the 52-week low was Rs 58.85.


The company's trailing 12-month (TTM) EPS was at Rs 1.99 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 46.16. The latest book value of the company is Rs 180.41 per share. At current value, the price-to-book value of the company is 0.51.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Hindalcos Novelis hikes aluminium prices in Europe

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login