Page 2 - Hindalco

Dixon, Hindalco, Daikin and 49 others apply for PLI scheme for white goods

The budgetary outlay of the scheme is Rs 6,238 crore. Any unutilized amount from the scheme allocation will be reviewed later

Decade-high Aluminium price can spark up to 25% rally in these metal stocks

The stock of Hindalco is attempting to close decisively above the resistance of Rs 475 with strong volume

Hindalco hits records in June quarter on rising commodity prices

Metals cycle is expec­ted to stay strong and aid the company, but prices may top out this fiscal

Top headlines: SAIL posts Rs 3,897 cr profit in Q1; Amazon's big win in SC

Business Standard brings you top headlines of the day

Runaya in talks with Hindalco, NALCO for setting up dross recycling plants

Runaya, founded by brothers Naivedya and Annanya Agarwal, is a start-up led by the next-gen of Vedanta Group

Commercial mining: Vedanta, Hindalco among 20 bidders for coal blocks

Vedanta Ltd, Hindalco Industries, Adani Power Maharashtra and Bharat Aluminium Company Ltd (Balco) are among the 20 companies that have submitted bids for 19 coal mines put up for sale in the second round of auctions for commercial mining. Of the total 34 bids submitted by these firms, the maximum (four each) were from Aurobindo Realty & Infrastructure Pvt Ltd and Sunflag Iron and Steel Company Ltd. Three bids each came from Shree Satya Mines Pvt Ltd and South West Pinnacle Exploration Ltd. Adhunik Power & Natural Resources Ltd, CG Natural Resources Pvt Ltd and Jhar Mineral Resources Pvt Ltd submitted two bids each. Companies like Vedanta, Hindalco Industries Ltd, Bharat Aluminium Company Ltd and Adani Power Maharashtra Ltd put in one bid each. "A total of 20 companies have submitted their bids in the auction process," the coal ministry said in a statement. A total of 34 bids have been received for the 19 coal mines, of which 10 are fully explored mines and nine are partially .

With massive investment plans, steel leads India Inc's capacity expansion

Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters

Top headlines: SBI Q4 net jumps 80%; Karnataka lockdown extended by 2 weeks

Business Standard brings you the top headlines this evening

Stock picks by Sameet Chavan: Buy Asian Paints, JSW Energy

Asian Paints seems to have completed its corrective move and are poised for a resumption of the uptrend

Stay light; keep an eye on key Nifty levels: Sameet Chavan of Angel Broking

With Friday's move, 15,200 - 15,400 has become a sturdy wall for Nifty and it would really be a daunting task surpassing this in the absence of any major trigger

Stocks to watch: RIL, Bharat Forge, Vedanta, Airtel, HDFC Bank, Hindalco

RIL, in a late night filing, said that it has begun the process of carving out the O2C business into an independent subsidiary

Base metals stocks shine as supply crunch, EV push lift copper, zinc prices

Shares of firms in this space up 50-198% since November 2020; global demand for copper and aluminium outstrips supply, pushing spot prices higher than futures

Hindalco consolidated third quarter profit soars 77% to Rs 1,877 cr

The jump was mainly driven by strong performance by Novelis and India aluminium business

Tata Steel, Vedanta: Tech charts signal more upside in metal stocks

Going forward, analysts at Phillip Capital expect metal companies to report further improvement in operating performance in Q3FY21 results

Hindalco invests Rs 730 cr in 34,000 tonne extrusion facility at Silvassa

Company aims to invest Rs 7,000 crore in downstream segment over next few years

Commercial coal auction: SC to have final say on who gets Jharkhand mines

The interim order comes at a time when the Centre has already awarded 17 out of the 19 mines on offer

Adani to own 1st coal mine in India, bids inch up on Day 2 of auctions

Places highest closing bid for Dhirauli mine in MP, edging out the only other bidder Hindalco Industries; The only other mine it owns is Carmichael in Australia

CCI dismisses unfair business practices complaint against Hindalco, Vedanta

The Competition Commission of India (CCI) closed the matter as the informant was not able to substantiate the allegations made against the firms

Commercial coal auction: Adani, Hindalco, Essel Mining among bidders

Govt gets 82 bids in technical round for India's first such auction

Hindalco: Better domestic show, Novelis outlook can help stock re-rate

Rebound in aluminium price, positive Novelis outlook boost confidence in stock