Latest Earnings
Equities
Stock Analysis
Stock Movers
Deals
Gainers And Losers
IPOs
Technology
Artificial Intelligence
Web Stories
Benzinga Inspire
Hindalco
Why Tata Steel, Hindalco, Vedanta And Other Metal Stocks Are Surging Up To 4% Today
Shares of metal stocks such as Tata Steel, Hindalco, Vedanta and Nalco saw gains on Monday as the Nifty Metal index rebounded after six consecutive sessions of declines.
Hindalco Shares Gain On Strong Q2, Brokerages Maintain Bullish View
Hindalco Slumps As Analysts See 15% Downside After Major U.S. Subsidiary's Poor Q2 Results, Outlook
Why Tata Steel, Hindalco, Vedanta And Other Metal Stocks Are Surging Up To 4% Today
Hindalco Shares Gain On Strong Q2, Brokerages Maintain Bullish View
Hindalco Slumps As Analysts See 15% Downside After Major U.S. Subsidiary's Poor Q2 Results, Outlook
Why Macquarie Sees Upside For Tata Steel, JSW Steel, Hindalco, Other Metal Stocks
|
Macquarie said steel companies are well-positioned to benefit from domestic price premiums and steady leverage, along with reduced input costs. The brokerage also noted that commodity prices could face upside risks in the next six to 12 months, potentially benefitting these firms further.
Hindalco Shares Log Only Modest Gains Despite Unveiling Massive $10B Expansion Plans
|
These projects include expansions in aluminium and copper smelters, the Aditya FRP plant, a new alumina refinery in Rayagada and the Bay Minette expansion in Novelis.
