Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Hindalco, NALCO to Vedanta Aluminium: Aluminium stocks slide up to 6%. Here's why
Shares of aluminium companies face corrections amid a decline in base metal prices. However, Axis Securities maintains BUY ratings for Hindalco and NALCO despite share declines. Analysts forecast aluminium prices to remain between $3,000 and $3,800/t in the short term.
IFCI shares rally 30% in 3 days, hit fresh record high amid buzz around NSE filing IPO papers by Thursday
Vedanta’s Rs 2 lakh crore demerger has sparked renewed interest in its aluminium and power businesses, prompting investors to reassess value creation opportunities. Market focus is shifting towards which segment offers stronger long-term growth, profitability, and sectoral tailwinds as the restructuring reshapes the company’s standalone business prospects and investor positioning.
Vedanta group stocks Day 2: Aluminium, Oil & Gas freeze at 5% lower circuit
Vedanta group newly-listed stocks trade on a mixed note on Day 2; Vedanta Iron & Steel hit 5% upper circuit; Aluminium and Oil & Gas were locked at lower circuits.
Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?
Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminium emerging as a clear heavyweight due to its scale and expansion plans. Analysts favour aluminium as the top growth bet, while Vedanta Oil & Gas and Power present different investment profiles.
National Aluminium Company Ltd Falls 3.84%, BSE Metal index Drops 1.05%
National Aluminium Company Ltd has lost 8.91% over last one month compared to 4.32% fall in BSE Metal index and 1.73% rise in the SENSEX
Vedanta demerger stocks trade mixed: Iron & Steel surges, Aluminium, Oil & Gas hit lower circuits - Mint
Vedanta demerger stocks trade mixed: Iron & Steel surges, Aluminium, Oil & Gas hit lower circuitsMint
Vedanta Aluminium vs Vedanta Power: Which can give investors better wealth in Rs 2 lakh crore demerger play
Vedanta's demerger has created distinct investment opportunities in Vedanta Aluminium Metal and Vedanta Power. Vedanta Aluminium, valued at Rs 2.06 lakh crore, stands out due to its scale, integrated operations, and strong demand drivers, making it the preferred choice for growth investors. Vedanta Power, valued at Rs 16,149 crore, offers a more stable, income-oriented proposition.
Vedanta demerger unlocks 20% value; Aluminium arm becomes most valuable
Vedanta's five companies unlocked approximately 20% value following a major corporate restructuring. While four newly demerged businesses experienced early gains that turned into losses on their stock exchange debut, their combined value, along with the residual entity, saw a significant increase. This demerger aimed to simplify the group's structure and unlock value for each pure-play business.
M-Cap of Vedanta's split cos jumps 67% to Rs 3.5 lakh crore
Vedanta's demerger has boosted shareholder value. The combined market capitalization of the parent and four new entities surged significantly. Investors are showing a premium for pure-play exposure to sectors like aluminium and oil and gas. Vedanta Aluminium is the dominant value driver. The residual Vedanta entity also holds substantial valuation. Smaller verticals are yet to see a rerating.