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Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
For investors who can think beyond war and austerity measures: 5 large-caps from different sectors with upside potential of 31%A bounce-back after a correction should not be confused with the disappearance of risk. Geopolitical tensions may have faded from daily hea...
Vedanta to raise upto Rs 8,500 crore; announces first FY25 interim dividend of Rs 11 per shareThis will amount to a total payout of Rs 4,089 crore. May 25 has been fixed as the record date for payment of dividend. The announcements w...
Russia and China trade new copper disguised as scrap to skirt taxes, sanctionsRussian copper producer RCC and Chinese firms bypass Western sanctions by trading new copper wire rod disguised as scrap, evading taxes and...
Nifty Metal index stocks: Is consolidation on business and stock level over?Metal sector has been witnessing a mixed news flow, the much anticipated recovery in China is not panning out but there is no immediate pre...
Nifty Metal index stocks are a better basket buy than single stock exposureAfter the reopening of China, metal prices were expected to inch upward, however the slide continues. Is it because of fears of US recessio...
Analysts divided over Nifty Metal index stocks amid global headwindsAfter the reopening of China, metal prices were expected to inch upward, however the slide continues. Is it because of fears of US recessio...
Hindalco to buy Ryker for Rs 323 crore enterprise valueHindalco Industries to pick up 100% equity stake in Ryker Base Pvt Ltd for an enterprise value of Rs 323 crore. Ryker is a wholly-owned sub...
Vedanta meeting orders for refined copper through imports, other units: Sterlite CEO RamnathThe shutdown on May 28, after 13 people died in the firing, happened just ahead of a planned capacity expansion by the company, majority ow...
Tuticorin plant shutdown to affect over 800 SMEsWhile the immediate supply crisis in the near to medium term can be averted, analysts are worried about the longer-term impact on the coppe...
India faces copper supply disruption following Sterlite plant shutdownThe shutting down of the 400,000 tonnes a year copper smelter in Tuticorin will reduce India's copper production by about half, forcing imp...
Tamil Nadu cancels land allotted to Vedanta Sterlite for its second phase of expansionSIPCOT has said the price paid for the land by Vedanta will be refunded as per SIPCOT norms, Vedanta Ltd said on Tuesday in a notification ...
Hindalco gets green nod for Rs 240-crore copper plant expansionHindalco Industries's Birla copper unit has a mega copper smelting and refining complex at villages Lakhigam and Dahej in Bharuch district.
Vedanta to invest Rs 3,000 crore to double copper capacityWe will invest Rs 2,500-3,000 crore in our copper operations to double the capacity from 400 kilo tonnes at present. This will happen by 20...
Hindustan Copper Q3 net halves to Rs 5.29 croreHindustan Copper today reported 50 per cent decline in net profit to Rs 5.29 crore for the quarter ended December 31, 2015, mainly on accou...
Hindustan Copper Q2 profit plunges 57% to Rs 7.41 croreHCL today reported a 57 per cent decline in net profit at Rs 7.41 crore for the quarter ended September 30.
Hindustan Copper Q2 profit plunges 57% to Rs 7.41 croreState-run Hindustan Copper (HCL) today reported a 57 per cent decline in net profit at Rs 7.41 crore for the quarter ended September 30.
Hindustan Copper Q1 net profit rises 10 per cent to Rs 14.57 croreHindustan Copper Ltd (HCL) today reported 10 per cent increase in its net profit at Rs 14.57 crore for the April-June quarter.
- Hindustan Copper raises discount rate on product
Hindustan Copper, which is among the 60 PSUs on the Centre’s disinvestment list, has decided to double the rate of discount on end-products.