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SATYADEEP JAIN
Aluminium shares likely to pull back as prices face pressure; Analysts advise profit-takingIndian aluminium companies like Vedanta, Hindalco, and Nalco saw share price gains. Analysts suggest these gains may not last. Aluminium pr...- IREDA's 632% vertical takeoff to 42% slide in just 50 sessions, PSU stock gives a reality check. Buy, hold or exit?IREDA shares have witnessed volaityly in the recent past, surging 632% in 13 months before tumbling 42% in just 50 sessions. Despite strong...
- JSW Steel may face 10-15% production hit, ₹4,500-crore Ebitda dent as Bhushan Power liquidation loomsJSW Steel faces potential setbacks as the Supreme Court deemed its acquisition of Bhushan Power & Steel illegal, potentially leading to liq...
- What does global battery overcapacity mean for India's EV market? Satyadeep Jain answersIn the report, we did mention that which companies have announced expansion plans. So, within that 100-gigawatt hour of capacity expansion ...
- UK Labour government likely to go tough on Tata Steel Wales job lossesThe new UK Labour government is pressuring Tata Steel to safeguard local jobs at its Port Talbot plant before approving a $635 million life...
- Hindalco defers Novelis’ $945 mn US listingHindalco Industries has postponed the proposed $945-million listing of Novelis Inc due to concerns about potentially below-premium valuatio...
- Hindalco unit Novelis to debut on NYSE in 2 weeks at likely valuation of $12.6 blnHindalco will raise up to $945 million at the upper end of the proposed price range. Including a green-shoe option, whereby it could offer ...
- Hindalco's US arm Novelis to list on NYSE in 2 weeksNovelis IPO: Novelis on Tuesday launched a roadshow for its proposed initial public offering (IPO), where Indian parent Hindalco plans to s...
- How Indian metal companies stand to benefit from global supply disruptions due to warRight now, everything is lending support to higher aluminium prices. Energy is a wild card though. With the peak winter season behind, EU g...
- Covid-19 impact: Tata Steel’s struggling UK, Europe units may not get parent’s supportTata Sons has to assign funds to meet several other financial commitments and Tata Steel will essentially have to fend for itself, official...
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