ALUMINIUM News Archives
Hindalco can test Rs 137-138: Bhamre
Hindalco Industries can test Rs 137-138, says Siddharth Bhamre, Angel Broking...
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Economic blockade against Hindalco in Lohardaga
The Gram Vikas Sangharsh Samiti, a committee of villagers of four panchayats, including Bagru, on Tuesday started an indefinite economic blockade on the Bagru-Lohardaga road accusing Hindalco of neglecting community development programmes...
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Hindalco can touch Rs 170: Sushil Kedia
Sushil Kedia, President, ATMA feels that Hindalco can touch Rs 170.
Kedia told CNBC-TV18, "Metals are going to be producing larger bounce and move up than other names. The chart in Hindalco, though we have not moved much yet from the low, it is interesting that on the move all the way down from close to Rs 200 to this Rs 120 area, three significant bottoms are made in price...
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SAIL not to issue fresh equity but govt will sell 5% stake in the firm
Amid volatility in stock markets, blue-chip state-owned company SAIL has decided against issuing fresh equity, though the government will go ahead with its proposal to offload 5 per cent stake in the firm. "The SAIL board has decided that there will be no fresh equity issue. Only government stake sale will happen," Disinvestment Secretary Mohammed Haleem Khan told reporters here...
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Govt readies Plan B for disinvestment
With anaemic markets putting paid to big-bang market-led disinvestment plan for the year, the government is reworking its strategy to reach closer to its Budget target of Rs 40,000 crore from the sale of its share in public sector units. A couple of options are on the table, from buyback, cross-holding, selective public offers of only big companies to residual stake in companies with minority government ownership....
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Vedanta Output Mixed
U.K.-listed, India focused Vedanta Resources PLC on Friday reported a mixed set of output results for the second financial quarter, with zinc, lead, copper cathode and power output up on an annual basis, but iron ore and aluminum output down...
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Sterlite Industries output up in Q2
Sterlite Industries (India) today reported production growth in the second quarter of current fiscal in almost its entire product basket -- zinc, lead, silver, copper and power -- on improved plant efficiency...
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Orissa-based Navratna PSU NALCO launches chequered sheet
National Aluminium Company Limited (NALCO), a Navratna PSU, under Ministry of Mines, Govt. of India, has added another product to its portfolio with the launch of aluminium chequered sheet...
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