Mon, Nov 18, 2024
As China is set to withdraw export tax rebate, there is anticipated global supply disruption leading to potential gains for the space.
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Fri, Jun 14, 2024
NALCO has signed a lease agreement with Odisha Government for 698 hectares of Pottangi bauxite mining. It said mines have an annual production capacity of 3.5 million tonnes and has reserves estimated at 111 million tonnes, projecting a mine life of 32 years.
Mon, Apr 15, 2024
Hindalco hit a 52-week high on BSE on Monday (April 15, 2024) after the LME on Saturday banned from its system Russian metal produced on or after April 13 to comply with new U.S. and UK sanctions imposed for Russia's invasion of Ukraine. The sanctions aim to restrict revenues for Russia from the export of metal produced by companies such as Rusal and Nornickel that help to fund its military operations in Ukraine.
Wed, Apr 03, 2024
NALCO on Tuesday said that it had achieved the highest-ever Cast Metal production of 4,63,428 metric tonnes, its highest-ever bauxite excavation of 76,00,230 metric tonnes and the highest-ever metal sale of 4,70,108 metric tonnes, surpassing all previous records since inception. In FY 23-24, the company has also added a new Aluminium Alloy Ingot (AL59) to its product range.
Wed, Jan 17, 2024
The dollar on Monday rose by 0.47 per cent to a month-high of 103.13 against a basket of currencies. It gained 0.2 per cent overnight. The Nifty metal benchmark, meanwhile, was trading lower by 1.63 per cent at 7812.35 on Wednesday morning, on a day when BSE Sensex and Nifty 50 plummeted.
Thu, May 25, 2023
Nalco share price: The company’s revenue declined 16 per cent to Rs 3,671 crore for the three-month period from Rs 4,351 crore a year ago.
Fri, Dec 31, 2021
Metal has emerged as the most successful sector in terms of growth and return yielded this year.
Wed, Oct 03, 2018
This PSU surged by nearly 14% today by touching an intraday high of Rs 70.50 per piece. It has a grand plan to turn into a Rs 12,000 cr company, which has forced investors to sit up and take notice.
Tue, Sep 13, 2016
On Monday, the shares of the company closed at Rs 47, down 5.05%, or Rs 2.50.
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