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COPPER MARKET
Copper hits record high, UltraTech’s Ultravolt on the offensive: A double whammy for cable makers in FY27?Copper prices have soared to unprecedented levels, creating ripple effects on manufacturing expenses worldwide. UltraTech's Ultravolt is ma...
Copper hits new peak of $14,533/metric ton. Can its reddish glow brighten even further?Copper prices hit a record high of $14,533 per metric ton as tight mine supply, a weaker dollar and structural demand from electrification,...
Hindustan Copper shares jump 4% as copper prices surge to all-time high. What’s driving the red metal’s red hot rally?Hindustan Copper shares jumped over 4% as copper prices hit record highs amid supply concerns and a weaker US dollar. LME copper touched $1...
Copper prices scale fresh record high as focus turns to tight supplies outside USCopper prices hit a record high as concerns over shortages outside the US boosted buying, while a weaker dollar supported metals. LME coppe...
Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 daysUltraTech’s entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition...
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...
Hindustan Zinc secures mining lease for rare earth element block in KarnatakaHindustan Zinc has secured a mining lease for rare earth elements in Karnataka. The Gundlupet block in Chamrajnagar District covers over 31...
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...
Quant Mutual Fund turns cautious on manufacturing, bets on ‘neglected’ IT ServicesQuant Mutual Fund is pivoting away from manufacturing due to rising cost pressures and supply chain issues. Instead, it's channeling invest...
Modi govt giving people high-voltage inflation shock, misleading via statistical jugglery: CongressCongress party has strongly criticised the Modi government, alleging that rising prices are putting pressure on ordinary citizens while acc...
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...
MCX logs record daily turnover of Rs 62.93 lakh crore amid strong activityMCX recorded its highest-ever daily turnover of Rs 62.93 lakh crore on August 28, driven largely by options activity across more than 3.13 ...
Hindustan Copper OFS oversubscribed on both days, says govt. Here are all the detailsHindustan Copper’s government OFS drew strong institutional demand, with the non-retail portion subscribed 3.41 times on Tuesday. The Centr...
Hindustan Copper OFS opens for retail investors. Should you apply in the metals major's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can p...
Hindustan Copper OFS may not be a big draw for retail investors: AnalystsAnalysts express caution regarding retail investor interest in Hindustan Copper's offer for sale. A nearly ten percent discount may not att...
Hindustan Copper OFS subscribed over 3 times; govt to exercise greenshoe optionHindustan Copper’s government OFS received strong demand from non-retail investors, with bids reaching 3.41 times the shares offered. The C...
Hindustan Zinc shares fall 3% on reports of fresh government stake sale via OFSHindustan Zinc shares dropped on Tuesday after expectations of a fresh government stake sale through an OFS resurfaced following the Hindus...
Hindustan Copper shares fall 6% as govt opens OFS at 10% discountHindustan Copper share price: The government has announced its intention to divest a 3% holding in Hindustan Copper through an offer for sa...
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discountThe government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%. The sale o...