The counter rose 7 per cent to ₹436.50, the highest level since November 12, 2010, on the National Stock Exchange, according to data on Bloomberg
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.
HSBC on steel stocks: HSBC sees further upside in metal stocks as demand rises and imports stay restricted by policy support. Hindalco and Tata Steel get Buy ratings; Hindustan Zinc rated Hold
In the Nifty Metal index, Hindustan Copper rallied as high as 6.37 per cent, while Hindustan Zinc and Tata Steel rose 4.9 per cent and 3.4 per cent, respectively
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.
Hindustan Copper stock is seen trading close to its key monthly trend line resistance, hence one needs to be cautious as the stock rises further; suggests charts.
PSBs have benefited from the Reserve Bank of India's (RBI) cumulative 100 basis points (bps) repo rate cut in three tranches till June 2025, and liquidity measures that lowered borrowing costs
Nalco share price today: YES Securities values the company at 6x H1FY28E EV/Ebitda and arrives at a target price of ₹247
Despite the soft quarter, JM Financial continues to highlight Tata Steel, JSPL, and Hindalco as top picks in the metals space.
Vedanta group firm Hindustan Zinc Ltd on Wednesday declared an interim dividend of Rs 10 per share, amounting to Rs 4,225 crore for the current fiscal year. The decision was taken at the company's board meeting, according to a BSE filing. "The board of directors of the company, through a resolution passed by circulation on Wednesday... has approved the first interim dividend of Rs 10 per equity share i.e. 500 per cent on face value of Rs 2 per equity share for the financial year 2025-26," it said. In the last fiscal year, the Hindustan Zinc distributed dividends to the tune of Rs 12,250 crore, the company said in a statement. "This was through two dividends of Rs 19 and Rs 10," it said. Hindustan Zinc is among the high-dividend-yield large-cap metal companies. With the first interim dividend for FY26, the dividend receipts for the government total nearly Rs 1,180 crore, it said. The company contributes nearly 35 per cent of the declared dividend to the government treasury, includ
Garre tells that improving macro conditions and lower earnings risk make this a good time to start evaluating bottom-up opportunities in quality midcaps
Sensex Today | Stock Market Highlihts on Monday, June 2, 2025: The Nifty MidCap and the Nifty SmallCap indices erased all the gains to end 0.62 per cent and 1.1 per cent higher, respectively
As per media sources, the US government is likely to increase tariffs on imported steel and aluminium from existing 25% to 50% starting June 4, to support domestic manufacturing of metal in the US.
The market breadth turned positive, with 1,510 out of 2,947 traded stocks on the NSE ending in the green, while 1,373 closed lower and 64 remained unchanged
The company has has signed PPA for a captive solar project with HR Godavari (HR Godavari) for 16.05 MWp / 10.70 MWac, and a captive solar PPA with HR Godavari for 70 MWp / 50 MWac
Metal stocks in focus: Tata Steel, JSW Steel, Vedanta among top metal sector bets by analysts
Nifty Metal index edged higher in trade and Tata Steel was the top gainer. Check all details here
Jindal Stainless is planning to expand its manufacturing capacity from 3 metric tons (mt) to 4.2 mt by FY27
The US government has suspended 26 per cent reciprocal tariffs for India till July 9, 2025; however, the base tariff of 10 per cent will continue to be enforced