The Nifty Metal index is trading with losses of 2% on Wednesday, April 9. All 15 index constituents are trading with losses. Lloyds Metals is the top sectoral loser on the Metal index, trading with losses of 4%, followed by Welspun Corp, which is trading with losses of 3.6%. Nifty 50 constituents like JSW Steel, […]
Metal Stocks Vedanta, NALCO, Hindalco tank up to 7% despite a weaker US Dollar – CNBC TV18
Shares of Indian Metal companies Vedanta Ltd., Hindalco Ltd., Hindustan Copper Ltd., NALCO Ltd., and Tata Steel Ltd. fell between 5% and 7% on Friday, April 4 after US President Donald Trump’s tariff announcements has roiled metals globally. Steel, Aluminium and other articles were exempt from any reciprocal tariffs announced by President Trump on Thursday […]
Hindalco unveils over $5-billion aluminium, copper expansion plan; targets 4x jump in recycling by FY30 – CNBC TV18
Hindalco Industries has laid out a multi-pronged growth strategy, with a sharp focus on sustainability, recycling, and capital investment. At its Investor Day 2025, the company detailed plans to quadruple recycling capacity by FY30 while advancing aluminium as a circular material with 75% recycled content. Hindalco is targeting lower emissions, aiming to bring down CO2 […]
Jefferies expects Metal stocks outperformance to continue; recommends buying these two names – CNBC TV18
Brokerage firm Jefferies on Monday, March 10, said it is positive on metal stocks. It said Hindalco, JSW Steel and Tata Steel have outperformed Nifty 50 by 15-20% in this calendar year, so far. The same was driven by optimism on China recovery, expectations of safeguard duty on steel in India and aluminium prices holding […]
Hindalco Q3 profit jumps 75% YoY, revenue up 17%; margin lags estimates – CNBC TV18
Hindalco Industries reported a strong set of numbers for the third quarter of FY25, surpassing market expectations on key metrics. Company Value Change %Change The metal giant’s standalone net profit surged 74.6% year-on-year (YoY) to ₹1,463 crore, significantly higher than ₹838 crore reported in the same period last year. The figure also came in above […]
India’s top metal stocks spike after minister promises safeguard duty on imports – CNBC TV18
India’s steel producers have been struggling with the spate of cheap imported steel from China and other parts of Asia flooding the local market. Their appeals for a safeguard duty may have found a taker in HD Kumaraswamy, the Union Minister for Heavy Industries. SAIL led the pack of gainers on the BSE Metal Index […]
Vedanta, SAIL tank the most as Trump’s tariff threat breaks India’s metal stocks again – CNBC TV18
Stocks of metal companies declined on Monday (February 10) after US President Donald Trump said he would impose fresh tariffs on imported steel and aluminium. Vedanta and SAIL, down over 4.5% each, were the biggest losers in the first of Monday’s trade. Company Value Change %Change Peers like Tata Steel, NALCO, JSW Steel and Hindalco […]
Five factors behind the rally in Metal shares like Tata Steel, JSPL — Explained – CNBC TV18
The Nifty Metal index is the top sectoral gainer during Friday’s trading session after the Reserve Bank of India’s monetary policy. All index constituents barring Ratnamani Metals are trading with gains on the Metals index. JSPL is the top gainer on the Nifty Metal index with gains of over 4%, while Tata Steel and Welspun […]
Vedanta shares lead Metal stocks lower after Trump tariffs roil global commodities – CNBC TV18
The Nifty Metal index is the top sectoral loser on Monday, currently trading with losses of over 2%. All 15 index constituents are currently trading with losses. Company Value Change %Change Vedanta is the top sectoral loser on the Metal index, trading with losses of over 5%, followed by National Aluminium Co, which is trading […]
Metal stocks SAIL, NMDC, NALCO fall up to 5% — Here’s why – CNBC TV18
The Nifty Metal index is trading with losses of 2% on Friday with all sectoral constituents, barring Adani Enterprises, trading with losses. SAIL is the top sectoral loser on the Metal index, trading with losses of 5%, followed by NMDC, which is trading with losses of 4.6%. Nifty 50 constituents like JSW Steel, Tata Steel […]