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ALUMINIUM OXIDE
Can CMR Green's IPO deliver long-term gains for high-risk investors?CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recy...- NALCO posts rise in quarterly profit on higher aluminium pricesIndia's National Aluminium Company (NALCO) reported a marginal increase in third-quarter profit on Friday, helped by firm aluminium prices.
- Vedanta gets Supreme Court nod to bid for Nalco’s alumina tendersA three-judge Supreme Court panel said Vedanta’s foreign units can bid for Nalco’s alumina tenders meant for exports.
- Nalco posts Rs 28 crore loss in Jul-SepTotal income of the company declined to Rs 2,420.11 crore during July-September quarter as against Rs 3,131.20 crore in the year-ago period.
- Stock pick of the week: Why analysts are betting on Hindalco IndustriesHealthy growth in consolidated revenue, likely turnaround in the aluminium industry, good performance of its subsidiaries and steady free c...
- Hindalco slips 2.5% due to spillage incident at Muri alumina refineryThe 334 acres plant is situated at the banks of the Swarnarekha river.
- Grasim to acquire chlor-alkali biz of KPR Industries for Rs 253 croreKPR Industries' chlor-alkali business comprises an under-construction 200 TPD project at Balabhadrapuram, Andhra Pradesh.
- Vedanta Q3 revenue falls 3% to Rs 23,659 croreOn a quarter on quarter basis, Vedanta’s net profit was up 39 per cent.
- Nalco eyes Rs 1,600 crore profit in 2018-19During 2017-18, NALCO achieved its highest net profit in last 10 years at Rs 1,342 crore.
- Stock pick of the week: Why analysts are betting on Nalco despite fall in aluminium pricesLow-cost production, stabilising aluminium prices, steady free cash flow, big cash pile of Rs 2,900 crore and the recent correction in the ...
- Nalco announces Rs 505 cr share buybackThe company said its board has approved a proposal to buy back shares worth Rs 504.8 cr.
- Vedanta plans to inject Rs 15,000 cr in OdishaVedanta would participate in auctions of new bauxite mines to feed to its expansion programme, Anil Agarwal said.
- Commodity Outlook: Bullion faces some rough weather aheadGold can take support near Rs 31,600 and face resistance near Rs 31,950 on MCX.
- Alumina supply glut fears send Nalco stock crashingConcerns of a global supply glut of alumina sent Nalco investors panicking
- Hindalco doubles net profit for June quartertandalone net profit for the company rose by 102 per cent at Rs 734 crore.
- Strong show could see Nalco equal full-year profits in H1On last year’s dividend of Rs 2, the yield at the current price comes to 3.5 per cent.
- Nalco climbs 9% on 5-fold jump in Q1 profitNalco earned a profit of Rs 687 crore in April-June, from Rs 129 crore a year ago.
- Nalco Q1 profit jumps over fivefold to Rs 687 crore YoYThe company’s revenues jumped to Rs 3035.42 crore in Q1FY19 against Rs 1997.43 crore in Q1FY18.
- Almatis to set up new Tabular Alumina plant in West Bengal's FaltaThe upcoming Falta India Tabular Alumina production facility is expected to meet the needs of the company’s Indian customers and provide su...
- GE signs $45mn service deal with Dubai AluminiumGeneral Electric says it has signed a $45 million deal with Dubai Aluminium Company to service gas turbines used to power the smelter's pro...
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