The Economic Times

Hindalco shares in focus as Novelis Oswego fires delay restart, dent Rs 14,000 crore cash flows

Hindalco shares may face pressure after Novelis delayed the restart of its Oswego plant following fire incidents, impacting around Rs 14,400 crore in cash flows. The subsidiary reported a quarterly net loss amid production disruptions, though most losses are expected to be insurance recoverable. Recovery is targeted for late Q2CY26.