BUZZ-India's Hindalco seen falling after unit Novelis' results

Tue May 12, 2015 11:36pm EDT
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** Hindalco Industries Ltd shares expected to fall after unit Novelis Inc's earnings lag some estimates

** Novelis reports Q4 adjusted EBITDA of $201 mln

** It is a 12 pct miss from adjusted EBITDA estimate of $230 mln by Religare, says analyst Pritesh Jani in a note

** Positive benefits from product mix shift were more than offset by unfavourable forex, falling local market metal premiums and unexpected North American hot mill outage early in 4Q15 - company filing (Reuters Messaging: