All metal stocks have "Death Cross", and if the current rally shows sustainability, the pullback rally would see added interest, indicate charts.
The metal index is on the verge of breakout, if crosses 5,800 mark, another 6 per cent jump is very certain.
Firm will enhance facilities to high carbon electrical steel, other value added products. It is working to double capacity to 3 million tonnes for which it has invested Rs 3,000 crore
The group's ESL Steel is looking to hit the ground with its plan of doubling capacity towards the end of the fourth quarter
The company aims to commence mining from this Jamkhani block within a year of getting the requisite approvals from the state authorities
New board put in place for ESL; Vedanta will fund 90% stake through combo of equity of Rs 17.65 bn and inter-corporate loan of Rs 35.55 bn