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Buy National Aluminium Company, target Rs 100: Equity99


"The company will gain from operating leverage in aluminium. We feel investors could buy the stock with target price of Rs 100," says Sumit Bilgaiyan, Founder of Equity99.

NALCO likely to head higher: Akash Jain


"We believe there is room for more upside in NALCO as the rally in aluminium prices will augur well for its earnings in the coming quarters," says Akash Jain, Vice-president, Equity

Markets@Moneycontrol: Main indices bounce back, broader markets outperform  


Hindalco, Nalco, Tata Steel, Vedanta, Hindustan Copper, JSW Steel, SAIL, Nalco and Jindal Steel & Power rallied up to 12 perc ent on higher commodity price

Metal stocks surge post global commodities rally; Hindalco, Vedanta up 7%


The Nifty Metal index was up over 4 percent, while stocks such as Hindustan Copper, National Aluminium, Hindalco, Vedanta, JSW Steel and Jindal Steel, among others, gained 2-12 percent.

India takes US to WTO's safeguard committee on steel, aluminium duties

18-04-2018| Source:PTI

India has sought consultations with the US under the WTO's safeguard agreement against American authorities' decision to impose import duties on certain steel and aluminium products.The consultations

EU asks WTO for safeguards over US steel, aluminium tariffs

17-04-2018| Source:PTI

The European Union today followed China in complaining to the World Trade Organisation (WTO) over US tariffs on steel and aluminium imports."Having a substantial interest as an exporter in this case

Hindalco Q4 PAT may dip 6.5% YoY to Rs 470.3 cr: ICICI Direct


Net Sales are expected to increase by 0.4 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 11,072.3 crore, according to ICICI Direct.

Expect 30% upside in Hindalco Industries: Akash Jain


turning negative in metal sector rather than impact on its earnings. The recent tariff imposition on aluminium by US will have limited impact on Novelis earnings as it has significant recycling dependence

Metal stocks rally after aluminium prices soar; Hindalco up 4%


Aluminium prices soared on Monday to their highest in more than four weeks after the United States imposed sanctions on Russian company Rusal, one of the worlds largest producers.

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