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'Higher-for-longer' aluminium cycle to lift producer stocks
Indian aluminium giants Vedanta Aluminium and Hindalco Industries are poised for significant gains, with analysts predicting around 20% growth over the next 9-12 months. Despite recent price dips, a global supply deficit is expected to bolster metal prices. Investors are advised to capitalize on the current market correction to accumulate shares, anticipating strong performance driven by cost improvements, volume expansion, and stabilizing international operations.
Vedanta, NALCO, Hindalco down up to 20% in June; metals rally under threat?
In Tuesday's trade, metal stocks led by Vedanta tumbled up to 7 per cent. National Aluminium, Hindustan Zinc, Hindalco and Jindal Steel were the other major losers.
Buy or sell: Gift Nifty signals gap-up start, Vaishali Parekh recommends three stocks to buy today
Buy or sell: Vaishali Parekh recommends three stocks to buy today — Lenskart, Hindalco Industries, and HDFC Life
Hindalco appoints Kapil Agrawal as CEO (Designate) for copper business; Rohit Pathak to move to new role
Hindalco Industries has appointed Kapil Agrawal as CEO (Designate) – Copper with effect from November 1, 2026. He will take over as CEO of the Copper business from March 1, 2027, succeeding Rohit Pathak, who will transition to a new role within the Aditya Birla Group.
Hindalco, Coal India: UBS turns selectively bullish on Indian metal sector
Aluminium remains is UBS' preferred sub-sector, that offers a mix of earnings growth (cyclical tailwinds), valuation support, and potential to deleverage.
Hindalco Industries Ltd eases for fifth straight session
Hindalco Industries Ltd is quoting at Rs 973.3, down 4% on the day as on 13:19 IST on the NSE. The stock jumped 51.68% in last one year as compared to a 3.68% slide in NIFTY and a 39% spurt in the Nifty Metal index.
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.
Nuvama Wealth among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks recorded over 6% growth in futures open interest on June 12, indicating rising trader participation and fresh positioning. Nuvama Wealth, Radico Khaitan and Hindalco led the increase.
Chola Securities sees buying opportunity in metals and cement stocks
Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. He sees any correction in metal prices as a long-term buying opportunity, supported by reconstruction activity in the Middle East and a revival in infrastructure spending in countries such as India. Kant remains positive on metals and prefers Hindalco, Hindustan Zinc, Vedanta, Tata Steel and JSW Steel on declines. He also believes the cement sector has been overlooked and favours large-cap names like UltraTech Cement and Ambuja Cements, while regional players could benefit from improving pricing over the next two to three months. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Hindalco Over Tata Steel, NMDC: UBS Chooses Its Metal Of The Moment; Check Top Picks
The brokerage launched coverage on eight companies with Buy ratings on Hindalco, NALCO and Coal India, Neutral ratings on Tata Steel, JSW Steel and Jindal Steel, and Sell ratings on SAIL and NMDC.
Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
Sensex Today Ends 64 Points Higher | Nifty Below 23,250 | Hindalco Drops 3% - Equitymaster
Sensex Today Ends 64 Points Higher | Nifty Below 23,250 | Hindalco Drops 3%Equitymaster