Hindalco Industries Ltd - HINDALCO INDS. Share Price

Summary

Hindalco Industries Limited is the metals flagship company of Aditya Birla Group. A US $60 billion metals powerhouse, Hindalco is the worlds largest aluminium rolling and recycling company, and a major player in copper. It is also one of Asias largest producers of primary aluminium.The companys aluminium units across the globe encompass the entire gamut of operations, from bauxite mining, alumina refining and aluminium smelting to downstream rolling, extrusions, foils, along with captive power plants and coal mines. Their copper unit, Birla Copper, produces copper cathodes, continuous cast copper rods and other by-products, such as gold, silver and DAP fertilisers.Hindalco Industries Limited was incorporated in December 15th, 1958. In year 1962, the Company commenced production with an initial capacity of 20,000 mtpa of aluminium metal and 40,000 mtpa of alumina at Renukoot (Uttar Pradesh). In the year 1965, they commissioned downstream capacities in Rolling and Extrusion Mills at Renukoot. In the year 1968, the Company commissioned Renusagar Power Plant.In the year 1994, the Company made a huge expansion, modernisation and diversification programme in their working areas. In the year 1998, foil plant of the company came to existence at Silvassa. Also, the company attained ISO 14001 EMS certification during the year. In the year 1999, the company commenced aluminium alloy wheels production at Silvassa. Also, they expanded the metal capacity at Renukoot to 242,000 tpa. In the... Read More