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UTKAL 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...
- Strategic risks taken this year have paid off for NALCO: Sridhar Patra, CMD"In this fiscal year, we expect that the demand will be more than the production because when industries restart, they will be requiring mo...
- 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...
- Centre reserves Pottangi mines for Nalco's new 1 MTPA refineryBesides, Odisha government has also taken an in-principle decision in this regard, Minister of State for Steel and Mines Vishnu Deo Sai sai...
- Another bauxite mine allocated to NALCO post PanchpatmaliFour days after recommending first renewal of Panchpatmali bauxite reserve in favour of NALCO, Naveen Patnaik has approved a proposal to al...
- Another bauxite mine allocated to NALCO post PanchpatmaliWith the state government recommending Nalco's name for Potangi bauxite reserve, the company's raw material problem is considered to be ove...
- 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...
- Hot stock: JPMorgan sees over 35% upside in HindalcoHindalco is at an inflexion point and a substantial upside can be seen in the stock price over the next two years, says JPMorgan.
- 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.
- 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.
- 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 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
