Hindalco Shares Soars 5% as Subsidiary Novelis Files for IPO In US | Stock Market News

Zee Business Video Team | Updated: February 21, 2024 02:36 PM IST

Hindalco Industries shares rise 5% after subsidiary Novelis files confidentially for US IPO. Novelis, a leading aluminum producer, to offer common shares through its sole shareholder, Hindalco. Analysts see favorable timing for IPO with Fed rate hikes ending.



TRENDING NOW

Why did Spicejet take off?

Why did Spicejet take off?

Big relief to Voda Idea!

Big relief to Voda Idea!

EPF Calculator: Retirement Fund with Rs 6,000, 10,000, 12,000 Monthly for 25 Years

EPF Calculator: Retirement Fund with Rs 6,000, 10,000, 12,000 Monthly for 25 Years

Top FD Rates: SBI, PNB, Canara & More for Rs 5 Lakh Investment

Top FD Rates: SBI, PNB, Canara & More for Rs 5 Lakh Investment

WheelZ Top10: Top automotive highlights of the week – Kia Syros, New Bajaj Chetak & more

WheelZ Top10: Top automotive highlights of the week – Kia Syros, New Bajaj Chetak & more

RECOMMENDED VIDEOS

https://www.zeebiz.com/india/video-gallery-why-did-spicejet-take-off-334047

Why did Spicejet take off?

https://www.zeebiz.com/india/video-gallery-big-relief-to-voda-idea-328650

Big relief to Voda Idea!

https://www.zeebiz.com/personal-finance/video-gallery-epf-calculator-retirement-fund-with-rs-6000-10000-12000-monthly-for-25-years-334368

EPF Calculator: Retirement Fund with Rs 6,000, 10,000, 12,000 Monthly for 25 Years

https://www.zeebiz.com/personal-finance/video-gallery-top-fd-rates-sbi-pnb-canara-more-for-rs-5-lakh-investment-334041

Top FD Rates: SBI, PNB, Canara & More for Rs 5 Lakh Investment

https://www.zeebiz.com/video-gallery-wheelz-top10-top-automotive-highlights-of-the-week-kia-syros-new-bajaj-chetak-more-334386

WheelZ Top10: Top automotive highlights of the week – Kia Syros, New Bajaj Chetak & more

https://www.zeebiz.com/personal-finance/video-gallery-latest-fd-rates-sbi-pnb-hdfc-icici-canara-bank-on-1-3-5-year-fixed-deposits-333739

Latest FD Rates: SBI, PNB, HDFC, ICICI, Canara Bank on 1, 3, 5-Year Fixed Deposits

https://www.zeebiz.com/personal-finance/video-gallery-epfo-big-update-epfo-extends-pension-application-upload-deadline-to-january-31-334007

EPFO BIG update: EPFO extends pension application upload deadline to January 31

https://www.zeebiz.com/personal-finance/video-gallery-guaranteed-return-schemes-for-senior-citizens-scss-kvp-and-more-income-options-331982

Guaranteed Return Schemes for Senior Citizens: SCSS, KVP, and more income options

https://www.zeebiz.com/personal-finance/video-gallery-top-7-sbi-mutual-funds-with-highest-sip-returns-rs-15000-sip-grows-to-rs-2188-lakh-328428

Top 7 SBI Mutual Funds with Highest SIP Returns: Rs 15,000 SIP Grows to Rs 21.88 Lakh

https://www.zeebiz.com/personal-finance/video-gallery-latest-fd-rates-for-senior-citizens-sbi-pnb-canara-hdfc-icici-bank-offers-328426

Latest FD Rates for Senior Citizens: SBI, PNB, Canara, HDFC, ICICI Bank Offers

https://www.zeebiz.com/personal-finance/video-gallery-post-office-mis-how-much-monthly-income-will-you-get-on-deposits-of-5l-10l-15l-332903

Post Office MIS: How much monthly income will you get on deposits of 5L, 10L, 15L

https://www.zeebiz.com/personal-finance/video-gallery-new-year-2025-key-investing-mistakes-to-avoid-next-year-334369

New Year 2025: Key Investing Mistakes to Avoid Next Year

https://www.zeebiz.com/personal-finance/video-gallery-sbi-life-smart-platina-supreme-features-key-details-of-guaranteed-income-plan-334029

SBI Life Smart Platina Supreme: Features & Key Details of Guaranteed Income Plan

https://www.zeebiz.com/video-gallery-what-target-did-jefferies-give-on-the-stock-330431

What target did Jefferies give on the stock?

https://www.zeebiz.com/market-news/video-gallery-from-swiggy-to-icici-bank-top-brokerage-calls-this-week-stock-market-bse-nse-334323

From Swiggy To ICICI Bank, Top Brokerage Calls This Week | Stock Market | BSE | NSE

https://www.zeebiz.com/personal-finance/video-gallery-top-senior-citizen-fd-rates-by-sbi-bob-pnb-hdfc-icici-canara-bank-333180

Top Senior Citizen FD Rates by SBI, BoB, PNB, HDFC, ICICI, Canara Bank

https://www.zeebiz.com/india/video-gallery-serious-allegations-against-many-officials-including-gautam-adani-327640

Serious allegations against many officials including Gautam Adani?

https://www.zeebiz.com/personal-finance/video-gallery-sbi-guaranteed-return-scheme-interest-rates-for-senior-citizens-333737

SBI Guaranteed Return Scheme: Interest Rates for Senior Citizens

INDIA

WORLD

COMPANIES

PERSONAL FINANCE

TECHNOLOGY

AUTOMOBILE

SMALL BUSINESS

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x