At the investor day, Hindalco management fine-tuned the FY24-26 capital allocation towards US$4.4 billion prioritized growth capex with stable leverage and 10% shareholder returns.
The company is raising Rs 150 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
FY23 was a strong year for Auto, with key segments clocking 12-49% volume growth versus FY22. However, YoY growth moderated over the course of FY23.
The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
This can be attributed to the pressure of higher core inflation
FCCB is foreign currency convertible bonds.
Here are some stocks that may show significant price movement today.
Loan amount will be mainly used for capital expenditure.
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