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COPPER AND ALUMINIUM BUSINESSES
Birla built India with cement, now it wants to wire up what powers it with a ₹1,800 crore betIn an ambitious move, Aditya Birla Group has unveiled Ultravolt, a new enterprise dedicated to wires and cables. The company seeks to estab...- Kumar Mangalam Birla sees room to build a ‘new large challenger’ in India’s Rs 90,000-crore wires and cables market with new ‘Ultravolt’Aditya Birla Group has launched its Ultravolt wires and cables business with a significant investment. The company aims to become a top two...
- Silver dealers face overstocking fears as investment demand dries up after 40% price fallWith investment demand for silver dwindling, refiners and dealers are inundated with rising stockpiles. The precious metal’s prices have dr...
- 20 stocks, 100% returns: How retail investors tapped a multibagger wave in deeper Indian marketRetail investors enjoyed impressive returns by picking specific stocks wisely. Over the last year, numerous companies showcased returns exc...
- Metal stocks: Time to contradict analyst expectations? 5 metal stocks with upside potential from a low 2% to a high of 17%For a long time, there was a familiar pattern in the metal sector. When prices were high and times were good, companies borrowed heavily to...
- Can Lumino Industries IPO deliver long-term growth for high-risk investors?Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefi...
- More cars, thinner margins: Why rising sales aren’t boosting automakers’ profitsIndian car makers see strong sales volumes, but profits are declining. Rising commodity prices and currency shifts are impacting manufactur...
- ET World Leaders Forum: Corporate India bullish on country's growth story, says Kumar Mangalam BirlaAditya Birla Group chairman Kumar Mangalam Birla said India Inc’s confidence in the country’s growth prospects remains strong, with compani...
- Crompton banking on premiumisation, new categories to drive growth: MD Promeet GhoshCrompton Greaves Consumer Electricals is expanding its total addressable market significantly. The company aims to nearly double its revenu...
- Regulatory tailwinds to boost growth for MCX, says HDFC Securities, retains Buy for 18% gainsHDFC Securities retained its Buy rating on MCX with a Rs 3,600 target, citing regulatory easing, FPI participation and new bullion and meta...
- Vedanta, Vedanta Aluminium post strong Q1 gains as metal prices lift earningsAfter their demerger, Vedanta and Vedanta Aluminium Metal have reported robust financial outcomes for the first quarter, primarily due to r...
- That old phone in your drawer could be hiding gold: Study reveals a tonne of e-waste can contain 100 times more gold than gold ore; every handset contains tiny traces of gold, silver & copper, and millions of devices could create urban mineOld mobile phones contain valuable metals such as gold, silver and copper, with some metals found at higher concentrations in e-waste than ...
- India, South Africa-led SACU group may ink terms of reference for negotiating trade pact on Aug 12India and the SACU group will sign terms of reference for trade talks. Negotiations for a preferential trade agreement are expected to begi...
- Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earningsHindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bullish, citing strong India operations...
- Stocks in news: Titan, SBI, Ola Electric, Astra Microwave and HindalcoMarkets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty above 24,350. Focus on Titan's st...
- Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoYOla Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Impro...
- Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong Ind...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%It was after quite some time that market breadth, always a better indicator of underlying sentiment, was positive for a few trading session...
- Carmakers partly absorb commodity shocks to keep production on trackIndian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growt...
- Vedanta names Arun Misra as CEO, Q1 profit jumpsVedanta appointed Arun Misra as chief executive officer for a one-year term. The company reported a 72% jump in first-quarter profit, reach...
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