Hindustan Zinc Q1 profit up 56% to ₹3,093 cr on higher LME prices
The Hindustan Zinc stock rallies 1.43% to ₹283 while touching an intraday high of ₹286.75
The Hindustan Zinc stock rallies 1.43% to ₹283 while touching an intraday high of ₹286.75
India's export will get impacted by soaring commodity prices as majority of them are value added products of imported commodities, pushing India to bank more on IT services.
Infrastructure build-up, production cuts in China, domestic capex have changed the fortunes of metal companies over the last few quarters. Will the trend turn into a multi-year boom for the sector?
Kumar Mangalam Birla’s Hindalco seeks to expand into high-value aluminium downstream products in industries like aerospace with the acquisition, which faced regulatory hurdles
The markets seem to have overcome over Budget blues as the benchmark Sensex rallied over 900 points on Tuesday.
The industry, grappling with high raw material costs, also wants a reduction in the import duty on aluminium and steel.
Higher steel prices and robust demand drove JSW Steel’s fourth quarter sales and profit, while a one-time gain pushed Tata Steel’s bottomline.