Hindalco shares drop 6% after Novelis flags $550–650 million cash flow hit from New York plant fire
- Posted on November 6, 2025
- By Business News Today
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Hindalco shares drop 6% after Novelis flags $550–650 million cash flow hit from New York plant fire
Hindalco Industries shares fell over 6% after its US subsidiary Novelis said a fire at its New York plant will dent FY26 free cash flow by up to $650 million and EBITDA by $150 million.
