India, the world's second-biggest importer of refined copper, may have to source 91 per cent-97 per cent of its copper concentrate requirements from overseas by 2047
If current spot prices for aluminium, zinc and silver hold through FY27, Emkay estimates Vedanta and Nalco to see Ebitda upgrades of about 5.5 per cent and 4.9 per cent
Technical charts suggest that Tata Steel, Hindalco and National Aluminium can potentially rally up to 10%; here are the key levels to watch out for on these metal stocks.
Aditya Birla Group firm Hindalco Industries on Friday said a fire broke out at its plant in New York and there were no injuries. The company's plant in Oswego, New York is of its US subsidiary Novelis. This is the second incident of fire at the company's plant in a little over two months. "There was incident of fire at the Novelis Plant in Oswego, New York on November 20, 2025, at around 8.45 a.m. (EDT)," Hindalco said in a filing to BSE. Everyone working at the plant was safely evacuated and fortunately, there were no injuries, the company said. Multiple local fire departments responded, and the fire is now out, it said, adding, "crews remain on site to monitor". Earlier, Hindalco Industries had said that the production at its plant in New York had been halted following a fire incident on September 16. The company had said it was investigating the cause of the fire and determining the impact on its operations. "There was a fire incident at the Novelis Plant in Oswego, New York
Hindalco shares declined on Friday after reports pointed to a fire incident at Novelis' Oswego plant in the US.
Hindalco Industries reported a 21.3% rise in consolidated net profit to Rs 4,741 crore in Q2FY26, driven by aluminium business gains and Novelis' strong performance despite challenges
Q2FY26 company results: AstraZeneca Pharma, Spicejet, JSW Cement, Borosil, KPI Green Energy, Petronet LNG and are also to release their July-September earnings reports today
The entire cashflow impact will be visible in H2FY26 though management is guiding for 70-80 per cent loss recovery in insurance
Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Odisha and another project from Tata Steel to build a coke oven battery. Both orders have been bagged by the minerals and metals business vertical of Larsen & Toubro. These orders are part of multiple orders secured by the vertical in India recently. In a filing to the BSE, L&T said it has bagged "an order from Hindalco for setting up a 180 KTPA aluminium smelter along with the gas treatment centre for their upcoming greenfield project in Odisha." According to filing, it "has also secured an order for setting up... coke oven battery 6 A/B from TATA Steel, Jamshedpur." The scope of work includes engineering, manufacturing, supply, construction and plant installation. "These order wins across the aluminium and steel sectors are a testament to L&T's engineering excellence, execution capability and enduring customer ..
JSW Steel hit all-time highs and Tata Steel a 15-month peak as metals gained 20% in six months, driven by global price recovery, US rate-cut hopes and GST-driven demand
JP Morgan has raised Tata Steel's share price target to ₹195 from ₹180, implying an upside potential of 14 per cent from current levels.
After a flat performance over the past 12 months (up just 3.85%), analysts see Hindalco stock set for a rebound, supported by a combination of commodity dynamics and company-specific factors.
Despite the soft quarter, JM Financial continues to highlight Tata Steel, JSPL, and Hindalco as top picks in the metals space.
The Hindalco plant, which will be in Andhra Pradesh's Kuppam, will supply aluminium for the production of Apple's iPhone chassis
Stocks to Watch today, August 22, 2025: IDBI Bank, Karnataka Bank, Wipro, Hindalco are among the few stocks that will be on investors' radar; here's why
At its AGM, Hindalco unveiled a $10 billion investment plan over five years to expand aluminium, copper and alumina operations, with its Dahej smelter set to become the largest outside China
50% US tariffs on aluminium exports may impact Novelis
The aluminum major's revenue from operations for Q1 FY26 rose 12.7 per cent Y-o-Y to ₹64,232 crore from ₹57,013 crore in Q1 FY25
At 11:48 AM; Nifty Metal index, top gainer among sectoral indices, was up 1.4 per cent, as compared to 0.2 per cent decline in the Nifty 50.
The scenario for Hindalco and its US subsidiary Novelis is promising although Novelis has been impacted by tariffs