Nalco, Hindalco & Vedanta Shares Surge Almost 10% On NSE

NALCO, Hindalco Industries and Vedanta shares surge up to 7%. Here’s why
China’s decision to cancel this tax rebate, which has long supported its export-driven aluminum industry, sparked a sharp rally in aluminum prices on the London Metal Exchange on Friday. The move is expected to curb the excessive supply of Chinese aluminum abroad.
Nalco, Hindalco, Vedanta shares rise up to 9% as China cancels export tax rebates for aluminium
Nalco, Hindalco, Vedanta shares rose up to 9 percent on November 18 as China last week decided to reduce or cancel export tax rebates for select products made of aluminium and copper. China’s exports large amounts of aluminium as semi-finished product ...
NALCO shares surge over 9% on five-fold jump in quarterly profit
Shares of National Aluminium company limited (NALCO) gained above 9 per cent on November 18 as the consolidated net profit quintupled to ₹1,062 crore for the second quarter ended on September 30, 2024,
NALCO shares end 8% higher; Hindalco, Vedanta gain 3% each post China's latest move
Chinese Aluminium exports represent 15% to 16% of the country's total production and 20% to 22% of production outside China.
NALCO, Hindalco, Vedanta surge up to 9% as China cancels export tax rebates
The development is likely to curtail China's aluminium exports, thereby tightening global supply and driving up prices, ICICI Securities said
Zee Business14h
Metal stocks NALCO, Hindalco, Vedanta gain up to 13%: Here's why
Until thus far, products made from aluminium and copper were offered a tax rebate of 13 per cent. Nonetheless, Nifty Metal ...
Nalco, Hindalco, Vedanta rally up 10%; why these metal stocks are shining brighter
Indian aluminium companies were rallying higher on Monday as China said it would cancel export tax rebates, fuelling worries ...
devdiscourse5d
Nalco's Profit Skyrockets with Five-Fold Increase
Nalco, a state-owned enterprise, reported a significant increase in profit, achieving over five times the previous year's ...
Analytics Insight6d
NALCO Share Price Today at ₹221: Is It a Good Buy?
NALCO Share Price Today at ₹221 - National Aluminium Company (NALCO), a prominent player in India’s aluminium industry, has ...
Nalco, Suzlon Energy, YES Bank, VIL, Zomato, IGL, JP Power shares lead NSE volumes
Suzlon Energy shares climbed 3.90 per cent to Rs 58.94 apiece, as 8,21,40,303 shares worth Rs 493 crore changing hands.
The Asian Age5d
NALCO Q2 FY25 Results: Net Profit Soars 415 per Cent to Rs 1,062 Crore
Bhubaneswar: National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE) under the ...