Hindalco Q3 results: Strong aluminium EBITDA offsets Novelis hit; margin dip linked to Oswego fireHindalco Industries Ltd's shares are in focus after a strong quarterly performance. The company's upstream aluminium business showed robust...
13 Feb, 2026, 09.36 AM IST
Nifty Metal tumbles after sharp rally; Aditya Welekar says dip could be a buying opportunityNifty Metal stocks fell sharply after a strong rally as profit booking, commodity index rebalancing and uncertainty over US Fed rate cuts t...
08 Jan, 2026, 04.49 PM IST
Safeguard duty boosts Indian steel sector; volumes to drive growth: Aditya WelekarIndia’s steel sector gets a boost as the government imposes a long-term safeguard duty on imports. Axis Securities’ Aditya Welekar explains...
31 Dec, 2025, 12.03 PM IST
Hindalco–Novelis outlook: Near-term noise, long-term structural strength intact: Aditya WelekarHindalco outlook remains positive despite near-term headwinds at Novelis, says Axis Securities AVP Aditya Welekar. Bay Minette capex overru...
29 Dec, 2025, 09.11 AM IST
Govt incentives key to expediting India’s rare earth production: Aditya WelekarIndia is reducing its dependence on Chinese rare earth imports. This initiative aims to boost domestic production of these critical materia...
27 Nov, 2025, 10.12 AM IST
Global uncertainty may cloud steel outlook: Aditya WelekarSteel industry shares reflect anticipated price hikes and valuation improvements due to the imposition of a 12% safeguard duty, which may l...
19 Mar, 2025, 01.44 PM IST
Aditya Welekar on 4 non-ferrous metal and steel stocks to bet onMetal stocks are poised for growth. Aluminum is key for electric vehicles and renewable energy. Axis Securities recommends Hindalco and Nal...
11 Dec, 2024, 01.08 PM IST
Hindalco stock correction opens up a buying opportunityExperts view the recent drop in Hindalco Industries' share price as a buying opportunity, citing strong fundamentals. Despite a recent dip ...
08 Nov, 2024, 07.04 AM IST
What should investors do with metal stocks? Aditya Welekar answersSo, in the month of July, that was the three-month moving average of the property start was minus 20%. So, a real lead indicator for the st...
24 Sep, 2024, 03.25 PM IST
Why Aditya Welekar continues to be negative on steel stocksAditya Welekar from Axis Securities suggests that increasing the import duty on steel could positively impact Indian steel prices, though t...
04 Sep, 2024, 03.16 PM IST
‘Rally in aluminium co shares may take a pause’After gaining 16-25% over the last month, shares of both Hindalco Industries and National Aluminium Co tested their lifetime highs on Frida...
29 Apr, 2024, 11.43 AM IST
Auto has enough horsepower to race on high-way and overtakeMaruti Suzuki, Mahindra & Mahindra and Eicher Motor gained around 3% each, hitting new highs during the trading session. Battery maker Exid...
09 Apr, 2024, 05.34 AM IST
Metal stocks rally on strong China Data, US rate cut hopesShares of metal companies surged Monday, leading gains in a session where benchmark indices hit lifetime highs. The Nifty Metal index also ...
02 Apr, 2024, 03.41 PM IST
Aditya Welekar on Novelis IPO, Hindalco and moreAditya Welekar of Axis Securities discusses the Novelis IPO's potential uses of funds, including capex and acquisitions. Hindalco aims to u...
21 Feb, 2024, 02.09 PM IST
Hindalco’s EBITDA per tonne trajectory will keep on improving: Aditya Welekar, Axis SecuritiesHindalco's new project is expected to earn $700+ EBITDA per tonne, will be value accretive once it becomes operational. However, the ramp-u...
13 Feb, 2024, 01.49 PM IST
EBITDA at both copper and aluminium divisions beat estimates: Aditya Welekar"Aluminium is a dollar denominated commodity. In the US, the trade rates are expected to peak out. From that perspective, aluminium will ha...
08 Aug, 2023, 03.27 PM IST
No significant improvement expected in Tata Steel's profitability in Q2: Aditya WelekarPrices are not up significantly. Current spot prices are volatile in China. Economic situation is not very conducive given the fact that th...
25 Jul, 2023, 08.57 AM IST