Hindalco shares fall 7% as bad news from Paris makes it top Nifty loser
- Posted on October 24, 2024
- By Business News Today
- 2 Views
Hindalco shares fall 7% as bad news from Paris makes it top Nifty loser
Hindalco Industries' shares dropped 7% to Rs 666.80 on BSE after Constellium's weak Q3 revenue report. Constellium experienced reduced demand in automotive and industrial markets, impacting Hindalco's subsidiary Novellis, which contributes significantly to the company's volumes and EBITDA.
