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Hindalco Industries Limited ( (IN:HINDALCO) ) has provided an announcement.
Hindalco Industries Limited reported a fire incident at its subsidiary Novelis Inc.’s Oswego Plant in New York. The fire, which occurred on September 16, 2025, did not result in any injuries, but production has been halted as the company assesses the damage and investigates the cause. The plant is insured for property damage and business interruption, ensuring some financial protection. The incident may temporarily impact operations, but the company is expected to provide further updates as more information becomes available.
More about Hindalco Industries Limited
Hindalco Industries Limited operates in the metals industry, primarily focusing on the production of aluminum and copper. It is a leading player in the market, with a significant presence in both domestic and international markets through its subsidiaries, including Novelis Inc., which specializes in aluminum rolling and recycling.
Average Trading Volume: 163,664
Technical Sentiment Signal: Buy
Current Market Cap: 1692.9B INR
For detailed information about HINDALCO stock, go to TipRanks’ Stock Analysis page.