Previous close | 660.00 |
Open | 665.70 |
Bid | 690.00 x 0 |
Ask | 693.50 x 0 |
Day's range | 663.40 - 695.15 |
52-week range | 398.00 - 695.15 |
Volume | |
Avg. volume | 275,131 |
Market cap | 1.551T |
Beta (5Y monthly) | 1.41 |
PE ratio (TTM) | 16.43 |
EPS (TTM) | 42.20 |
Earnings date | 24 May 2024 |
Forward dividend & yield | 3.00 (0.46%) |
Ex-dividend date | 14 Aug 2023 |
1y target est | 305.58 |
(Bloomberg) -- Novelis Inc., the aluminum products maker owned by billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd., is seeking to complete a planned US initial public offering as soon as early June, according to people familiar with the matter.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sal
Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial public offering in the United States on Monday. The company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of a "soft landing" for the economy, where inflation falls without a recession or big job losses. Novelis is seeking to complete the planned IPO as soon as early June, Bloomberg News reported, citing people familiar with the matter.
(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USArm Slides as Tepid Outlook Fuels Concerns Over AI SlowdownBillionaire Kumar Mangalam Bir