India is seeking some flexibility in the EU's Carbon Border Adjustment Mechanism (CBAM) which comes into effect from January 1 next year. Meanwhile, it is also mulling a domestic carbon tax to offset CBAM and retain revenue within the country.
 
                                                                                            Nalco's exports won’t be affected by US tariffs, as it mostly serves the Middle East, says BP Singh. The availability of alumina has, however, risen, creating pressure in the domestic market
 
                                                                                             
                                                                                            Motilal Oswal recommended Neutral rating on NALCO with a target price of Rs 190 in its research report dated August 08, 2025.
 
                                                                                            Metal stocks: Analysts noted that China's external demand remained weak on the wake of US tariffs, which in turn impacted business optimism in the country.
 
                                                                                            A government draft on emission reduction target has for the first time mandated to reduce greenhouse gas emissions by oil PSUs like IOC, BPCL, HPCL, GAIL and ONGC, along with private sector refineries.
 
                                                                                             
                                                                                             
                                                                                            Emkay Institutional Equities sees potential earnings upgrades for the Hindalco, Vedanta and NALCO if alumina and aluminium prices stay high, boosting stock performance.
 
                                                                                            The sanctions come days ahead of the third anniversary of Russia-Ukraine conflict
 
                                                                                             
                                                                                            Grasim Q3: Company reports standalone net loss of Rs 168.7 crore. NALCO Q3 Results | Net profit zooms 3x to ₹1,566 crore. Apollo Hospitals Q3 Results: Net profit up 51.8 % YoY at Rs 372 crore. Escorts Kubota Q3 net profit rises 8% to Rs 290 crore
 
                                                                                            NALCO signs mining lease deed for Utkal-D & Utkal E-coal block to enhance coal production capacity to 4 MTPA.Gland Pharma says France drug regulator issues 10 observations for Cenexi's Fontenay manufacturing unit. Panacea Biotec receives Letter of Award from UNICEF for supply of 115 million doses of its bivalent oral polio vaccine worth Rs 127 crore in 2025
 
                                                                                            South32 said road blockages were restricting transport of raw materials to the facility, leading to operational impact. A recent disputed election result in Mozambique has triggered protests in the country, leading to escalating violence.
 
                                                                                            Any reduction in the raw material cost could make domestic aluminium production more competitive in the global market, and are expected to weather the onslaught of cheaper imports.
 
                                                                                             
                                                                                            Any tightening of the supply of aluminium and aluminium products globally are expected to benefit Indian producers.
 
                                                                                             
                                                                                            NALCO posted a net profit of Rs 1, 062.2 crore for the quarter, up 415.4 percent against Rs 206.3 crore in the year-ago period.
 
                                                                                            Over the 2024 Diwali season, analysts at HDFC Securities cherry picked names like Reliance Industries, SBI, Bank of India and NCC among six other stocks, forecasting strong returns in the coming year.
 
                                                                                            Alcoa's revenue for quarter ended September was $2.9 billion, 11.6% higher on YoY basis, while net income was $90 million, higher than analyst estimates.
 
                                                                                            Indian equity indices ended on flat note in the volatile session on October 1. Here are some of the stocks that moved the most in trade today.
 
                                                                                            Kotak believes that NALCO is well-positioned to capitalise on the current supply tightness in the alumina market, primarily due to its net long position, which provides a favorable boost to aluminum prices.
 
                                                                                             
                                                                                            Motilal Oswal recommended Neutral rating on Nalco with a target price of Rs 185 in its research report dated August 12, 2024.