However, the technical analyst from Religare Broking recommends to short sell Hindalco November futures
Hindalco Industries Ltd, the metals flagship of Aditya Birla Group, on Tuesday said it has once again emerged as the world's most sustainable aluminium company in the Dow Jones Sustainability Indices 2021. Hindalco "has achieved the No. 1 rank in the aluminium industry for its sustainability performance in the 2021 edition of the S&P Dow Jones Sustainability Indices (DJSI) corporate sustainability assessment (CSA) rankings", the company said in a statement. Hindalco is the only aluminium company to enter the exclusive DJSI World Index in 2021 and retains its membership in DJSI Emerging Markets Index. The DJSI World Index comprises the top 10 per cent of the largest 2,500 companies by market capitalisation in the S&P Global Broad Market Index based on long-term economic and ESG (environmental, social and governance) factors. "This is the second consecutive year that Hindalco is at the top of the DJSI Indices having achieved a score of 73 percentage points against an industry ...
Consolidated revenue rose 53% to Rs 47,665 cr
Amaraja Batteries, Apollo Hospitals, Ashok Leyland, Bharat Forge, BPL, Glenmark Pharma, Hero MotoCorp, Vodafone Idea, National Aluminium, Reliance Capital, SpiceJet and Suzlon are some of the stocks
The budgetary outlay of the scheme is Rs 6,238 crore. Any unutilized amount from the scheme allocation will be reviewed later
The stock of Hindalco is attempting to close decisively above the resistance of Rs 475 with strong volume
Metals cycle is expected to stay strong and aid the company, but prices may top out this fiscal
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Runaya, founded by brothers Naivedya and Annanya Agarwal, is a start-up led by the next-gen of Vedanta Group
Vedanta Ltd, Hindalco Industries, Adani Power Maharashtra and Bharat Aluminium Company Ltd (Balco) are among the 20 companies that have submitted bids for 19 coal mines put up for sale in the second round of auctions for commercial mining. Of the total 34 bids submitted by these firms, the maximum (four each) were from Aurobindo Realty & Infrastructure Pvt Ltd and Sunflag Iron and Steel Company Ltd. Three bids each came from Shree Satya Mines Pvt Ltd and South West Pinnacle Exploration Ltd. Adhunik Power & Natural Resources Ltd, CG Natural Resources Pvt Ltd and Jhar Mineral Resources Pvt Ltd submitted two bids each. Companies like Vedanta, Hindalco Industries Ltd, Bharat Aluminium Company Ltd and Adani Power Maharashtra Ltd put in one bid each. "A total of 20 companies have submitted their bids in the auction process," the coal ministry said in a statement. A total of 34 bids have been received for the 19 coal mines, of which 10 are fully explored mines and nine are partially .
Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters
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Asian Paints seems to have completed its corrective move and are poised for a resumption of the uptrend
With Friday's move, 15,200 - 15,400 has become a sturdy wall for Nifty and it would really be a daunting task surpassing this in the absence of any major trigger
RIL, in a late night filing, said that it has begun the process of carving out the O2C business into an independent subsidiary
Shares of firms in this space up 50-198% since November 2020; global demand for copper and aluminium outstrips supply, pushing spot prices higher than futures
The jump was mainly driven by strong performance by Novelis and India aluminium business
Going forward, analysts at Phillip Capital expect metal companies to report further improvement in operating performance in Q3FY21 results
Company aims to invest Rs 7,000 crore in downstream segment over next few years
The interim order comes at a time when the Centre has already awarded 17 out of the 19 mines on offer