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)
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
660 INR | 0.00% | +5.49% | +7.33% |
14/05 | INDIA STOCKS-Shriram Finance, metals lead rise in Indian shares; IT caps gains | RE |
14/05 | INDIA STOCKS-Shriram Finance lifts Indian shares at the open | RE |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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40,004 PTS | +0.34% | +1.24% | - | ||
9,866 INR | -0.25% | +3.94% | 34.14B | ||
1,202 INR | +3.21% | +6.64% | 8.46B | ||
660 INR | 0.00% | +5.49% | 17.61B | ||
EPS Revisions
1st Jan change | Capi. | |
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+7.33% | 17.61B | |
+48.21% | 16.99B | |
-1.81% | 12.61B | |
+34.05% | 7.02B | |
+50.04% | 6.65B | |
-.--% | 5.94B | |
+51.50% | 4.41B | |
+19.80% | 3.78B | |
+90.06% | 3.26B | |
+3.71% | 3.02B |
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- India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports