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Hindalco Industries informs about media release

12 Dec 2023 Evaluate

Hindalco Industries has informed that it enclosed Media Release titled ‘Hindalco to set up battery foil manufacturing facility in Odisha to tap EV market; lines up Rs. 800-crore investment’. The Company plans to significantly expand its manufacturing capacity of fine-quality aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for EVs and energy storage systems. This is also made available on the website of the company www.hindalco.com.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Hindalco Industries 973.20
Vedanta 256.00
Hindustan Zinc 568.45
Jain Resource Recycl 274.70
CMR Green Tech 212.30
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