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UTKAL ALUMINA REFINERY
Nalco shares surge on strong Q4 performanceShares of National Aluminium Co (Nalco) surged by over 5% as its Q4 revenues and profits beat market estimates. The Indian government-run f...- L&T commissions expansion project of Utkal alumina refineryWith this expansion, the alumina production capacity of the refinery has been upgraded from 1.5 MTPA to 2 MTPA, Larsen & Toubro said in a s...
- Hindalco plans to invest Rs 8,000-10,000 cr in Hirakud, Silvassa and Mundra plantsThe investment will be for expanding flat rolling capacity at Hirakud, Odisha, new extrusion plant at Silvassa in Dadra and Nagar Haveli, a...
- Outperform Hindalco, target Rs 115: Credit SuisseThe Q4 beat was due to higher volumes and lower energy cost. The part of the fall in energy cost was driven by cheaper coal, along with tha...
- Outperform Hindalco, target Rs 115: Credit SuisseThe Q4 beat was due to higher volumes and lower energy cost. The part of the fall in energy cost was driven by cheaper coal, along with tha...
- Vedanta hopes to ramp up aluminium production after interim OERC orderThe company has long been pleading not to be burdened by the cross subsidy cost and to allow it to use power from the IPP by treating it as...
- NALCO inks MoU with Mines Ministry for higher production,salesNALCO has signed an agreement with the Union Ministry of Mines regarding physical and financial targets for 2013-14 financial year.
- Nalco targets 10% higher sales turnover in FY'14Nalco has signed an MoU with the Ministry of Mines, on production and financial targets for the 2013-14 financial year.
- Hot stock: Deutsche Bank sees over 39% upside in HindalcoDeutsche Bank has reiterated its ‘buy’ rating on Hindalco and maintained the target price of Rs 148, an upmove of over 39 per cent from the...
- Alumina Prices: Utkal Refinery to shield Hindalco from rising pricesAlumina prices in the global markets are expected t rise in the medium term due to demand-supply mismatch.
- Utkal Alumina to commission Odisha refinery by March-endThe project, however, faced the wrath of environmentalists and project- affected people and ever since it has been languishing for the past...
- Hindalco: Worst seems to be overWith the commencement of Mahan smelter and Utkal alumina refinery in nearly three months' time, worse days for Hindalco seem to be over.
- Uncertainty over commencement of Utkal coal block, a major concern for NalcoFalling aluminium prices globally and uncertainty over commencement of the Utkal coal block will continue to put pressure on Nalco.
- Hindalco raises Rs 7,875 cr for aluminum smelter plantHindalco raised the loan from a syndicate of 31 banks on a floating rate basis for a tenor of 12.75 years.
- Birlas get 'green' signal for expansion in OrissaThe Aditya Birla group will double capacity at its alumina unit in Orissa after receiving environmental clearance.
- Hindalco arm ties up Rs 4,906 cr debt for Orissa projectHindalco today said its subsidiary Utkal Alumina has tied up Rs 4,906 crore debt from a group of banks for its refinery project in Orissa.
- L&T bags Rs 1,372 cr orders from steel firmsDiversified engineering firm Larsen & Toubro (L&T) today said it has received three orders worth Rs 1,372 crore from three different steel ...
- L&T inches higher on Rs 1372 cr orderLarsen & Toubro shares edged higher Tuesday after it won orders worth Rs 1372 crore from aluminium and steel makers.
- Hindalco snaps up entire Alcan stake in UtkalHindalco has completed its bid to own Utkal Alumina, a JV it had with Alcan, when it agreed to buy out the Canadian company's 45% equity st...
- Hindalco says has first right to buy Alcan stake in JVAditya Birla group flagship Hindalco Industries on Tuesday said it has the first right to buy the stake held by global aluminium giant Alca...
Load More- Outperform Hindalco, target Rs 115: Credit Suisse
