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BALCO EXPANSION
Vedanta Aluminium Q2 Results: Profit doubles to Rs 6,187 crore, revenue jumps 41%Vedanta Aluminium’s Q2 FY27 net profit surged 105% to Rs 6,187 crore, driven by record production, higher sales and improved realisations. ...- Reliance explores aluminium entry as Adani lines up $11.5 billion bet: ReportReliance Industries is reportedly considering a foray into aluminium production. This potential venture could harmoniously align its upcomi...
- Vedanta Aluminium shares rise 2% as firm expands automotive portfolio with two advanced alloys. What’s ahead?Vedanta Aluminium Metal shares gained more than 2% after the company launched two advanced offerings under its Primary Foundry Alloy range ...
- Vedanta Group subsidiary launches Copper-Doped Alloy and VFA for automotive applicationsVedanta Aluminium, a subsidiary of the Veanta Group, has launched two new alloys for the automotive sector. The Copper-Doped Alloy enhances...
- Vedanta Aluminium shares can rally up to 28%? Why Systematix initiated coverage on the stockVedanta Aluminium shares: Systematix Institutional Equities initiated coverage on Vedanta Aluminium with a Buy rating and a target price of...
- Vedanta Aluminium share price target: Why Citi, CLSA, Nuvama see up to 20% upside after Q1 earningsVedanta Aluminium Metal reported a threefold jump in Q1 FY27 net profit to Rs 5,629 crore, accompanied by an Rs 8 interim dividend. Global ...
- Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy ratingICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a 'Buy' rating and a target price of Rs 520, implying over 1...
- Vedanta shares fall 4% as Q2 net profit declines 61%The company's expenses during the July-September period increased to Rs 33,221 crore from Rs 23, 171 crore in the year-ago period. Its cons...
- Vedanta to invest Rs 6,611 crore on Balco's smelter capacity expansion“Balco’s expansion is a very important project for us…Post this expansion, Vedanta’s aluminium capacity will increase to 2.8 million tonnes...
- Vedanta to invest over Rs 6,600 cr in 2 years to ramp up Balco's smelter capacity"Vedanta...has announced a major expansion at Bharat Aluminium Company's (Balco) smelter capacity, which will involve an investment of Rs 6...
- Vedanta Q1 results: Company reports 314% jump in PAT, Ebitda up 150% YoYRevenue for the quarter under review was at Rs 28,105 crore, higher by 1 per cent Q-o-Q, primarily due to improved commodity prices, partia...
- BALCO unions seek PM's intervention to bail out local playersBalco's Chhattisgarh unit's trade unions have approached Prime Minister Narendra Modi to help bail out local aluminium makers from cheaper ...
- Balco gets approval to start 1,200-mw captive power plant in ChhattisgarhBalco, a subsidiary of Vedanta group company Sesa Sterlite, had invested Rs 5,000 crore in the plant, which comprises four units of 300 mw ...
- Vedanta chief Agarwal expects to buy HZL, BALCO stakes soonLondon Stock Exchange-listed metal and mining conglomerate Vedanta Resources holds 64.9 per cent stake in HZL and 51 per cent stake in Balc...
- Sterlite Industries ready to pay mutually agreed price for Balco stakeSterlite will offer to buy the government’s 49% stake in group company Balco at a mutually agreed price outside of an earlier call option p...
- Vedanta's Balco alleged of encroachment, environment ministry orders probeThe environment ministry has ordered a probe into allegations of encroachment of forest land by Vedanta's Balco plant in Chhattisgarh.
- L&T bags Rs 1,749 crore orders from SAIL, BALCOEngineering and Construction firm Larsen & Toubro has won Rs 1,749 crore projects from Steel Authority of India & Bharat Aluminium Company.
- Sterlite may use call option to acquire stake in HindWith the government silent on its options to sell the remaining 29.5% stake in Hindustan Zinc before the April 11 deadline.
- BALCO's Rs 5,000 cr power plant for ChhattisgarhThe project is estimated to be completed in 40 months once all the regulatory and statutory approvals are received.
- Chhatisgarh govt to assist Balco expansionChhattisgarh government would extend assitance to Sterlite Industries owned-Balco for their expansion plans, Chief Minister Ajit Jogi said ...
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