BENGALURU, May 8 (Reuters) - Hindalco Industries , owned by Indian billionare Kumar Mangalam Birla, is considering seeking about $1.2 billion in the initial public offering of its U.S.-based unit, Novelis, Bloomberg News reported on Wednesday, citing people familiar with the matter. (Reporting by Manvi Pant in Bengaluru; Editing by Savio D'Souza)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
689.2 INR | -0.85% | +2.40% | +12.09% |
May. 29 | Indian Equities Dragged Down by Losses in Financial, IT Stocks | MT |
May. 28 | INDIA STOCKS-Metal, pharma stocks drive Indian benchmarks higher | RE |
Stocks mentioned in the article
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5d. change
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Capi.
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38,686 PTS | +1.51% | -0.98% | - | ||
9,916 INR | +0.47% | -3.08% | 34.15B | ||
1,186 INR | -1.23% | -4.00% | 8.44B | ||
689.2 INR | -0.85% | +2.40% | 18.54B | ||
62.31 USD | +0.61% | -2.00% | 118B | ||
40.02 USD | +3.61% | +0.82% | 302B | ||
EPS Revisions
1st Jan change | Capi. | |
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+12.09% | 18.54B | |
+3.68% | 13.27B | |
+30.21% | 8B | |
+37.68% | 7.27B | |
+59.43% | 7B | |
-.--% | 5.94B | |
+45.24% | 4.18B | |
+109.39% | 3.5B | |
+9.67% | 3.47B | |
+8.57% | 3.14B |
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- India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports