Hindalco share price: Hindalco crashes over 12% on capex surge at Novelis
Mumbai: Shares of Hindalco Industries crashed by over 12% on Tuesday as a significantly higher spend on capex with lower expected returns for a facility being set up in the US is seen hurting its earnings. The shares saw their sharpest intraday fall in nearly four years to test a three-month low before closing at … Read more