Novelis shifts Bay Minette's return expectations to double digits, causing a stir among investors.
Credit : UNSPLASH
Project costs soar by 65% to $4.1 billion with a delayed timeline, impacting Hindalco's financial outlook.
Credit : UNSPLASH
Rising civil and structural expenses cited as major reasons for the Bay Minette project's escalated costs.
Credit : UNSPLASH
Novelis' Cash Flow Concerns
With revised capex estimates, Novelis is not expected to generate free cash flow between FY2024-28.
Credit : UNSPLASH
Despite a QoQ profit decline, Novelis projects Q4 margins of $525/ton amidst recovering demand.
Credit : UNSPLASH
Facing economic pressures, Hindalco navigates market challenges with strategic adjustments and optimism.
Credit : UNSPLASH
nvestors watch as Hindalco adapts to ensure long-term financial health and competitive edge in dynamic markets.
Credit : UNSPLASH