Hindalco Shares Soars 5% as Subsidiary Novelis Files for IPO In US | Stock Market News
Hindalco Industries shares rise 5% after subsidiary Novelis files confidentially for US IPO. Novelis, a leading aluminum producer, to offer common shares through its sole shareholder, Hindalco. Analysts see favorable timing for IPO with Fed rate hikes ending.
Written By: Zee Business Video Team