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Aluminium prices may stay firm; Hindalco, Nalco, Vedanta remain buy-on-dips: Axis Securities
Aditya Welekar, Senior Research Analyst–Metals at Axis Securities, believes that while possible US rate hikes and seasonal weakness could weigh on metal stocks in the near term, Hindalco, Nalco and Vedanta Aluminium remain attractive long-term 'buy-on-dips' opportunities.
Hindustan Zinc plans Rs 50k-cr capex pipeline for next 5 years
Hindustan Zinc will invest ₹40,000-50,000 crore in the next five years. This will double refined metal capacity and ore production. Metal reserves will more than triple. The company has approved new projects costing nearly ₹17,000 crore. This expansion aims to boost production and secure long-term mining operations.
India eyes Venezuelan upstream & downstream energy sectors; Modi-Gomez explore partnership in critical minerals & mining too
India is seeking a long-term energy partnership with Venezuela. Prime Minister Narendra Modi held talks with Venezuela's acting President Delcy Eloina Rodriguez Gomez. Discussions covered crude oil supply diversification and cooperation in critical minerals. Both nations also explored expanding commercial ties in pharmaceuticals, agriculture, and transportation. A technical team from India will visit Venezuela soon to explore opportunities further.
Vedanta's Zambian unit shuts copper smelter for maintenance
Vedanta's Konkola Copper Mines has begun a 60-day shutdown of its Nchanga smelter in Zambia for essential maintenance. This move aims to boost operational efficiency and long-term production. The shutdown is part of a modernization strategy to increase output. This coincides with other plant maintenance, potentially impacting copper and sulphuric acid supplies.
Stocks to buy for long term: Tata Steel, EIL among 5 stocks ICICI Securities' Pankaj Pandey suggests for up to 36% gains
Stocks to buy for long term: ICICI Securities' Pankaj Pandey recommends five quality stocks poised for long-term gains. From Artemis Medicare, EIL to Tata Steel, discover the compelling reasons behind these picks and how they can bolster your investment portfolio in the coming years.
Vedanta shares jump 2% to hit fresh 52-week high. What’s behind the surge?
Vedanta shares hit a fresh record high after ICRA upgraded the company’s long-term credit rating to AA+ with a stable outlook, marking its highest domestic rating in over a decade. The upgrade reflects stronger profitability, improving leverage metrics and expectations of continued healthy cash flow generation following the group’s ongoing demerger process.
Vedanta share price hits record high after ICRA credit rating upgrade
Vedanta share price rose over 1% following the announcement of its highest domestic credit rating in over a decade. ICRA upgraded the long-term ratings of Vedanta Group entities to AA+ with a Stable outlook, reaffirming the short-term rating at A1+.
Deven Choksey sees strong potential in power, EVs and luxury realty
Deven Choksey, MD of DRChoksey Finserv, says the Adani Group’s fundamentals remain strong with steady EBITDA compounding and improving fund flow visibility after regulatory overhangs eased. He remains bullish on power infrastructure, EV-led auto growth, luxury real estate and data centre-linked technology companies. Choksey also sees strong long-term opportunities in companies benefiting from India’s energy transition, manufacturing expansion and rising infrastructure investments.
Adani Enterprises to Adani Ports, Adani Power: PL Capital lists 3 Adani Group stocks to buy now for long term growth
The Adani Group is in the spotlight for its rapid growth in infrastructure and energy sectors, with several companies achieving notable gains. Analysts favor Adani Ports, Adani Power, and Adani Enterprises for their strong market positions and promising growth outlooks.
The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explode
Morgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable aluminium demand-supply outlook, strong free cash flow generation and India’s multi-year growth cycle. The brokerage believes Hindalco is well positioned for margin expansion and long-term value unlocking.
Stocks to buy in 2026 for long term: NTPC, Hindalco among 5 stocks that could give 10-20% return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength. These sectors are hitting new highs, driven by structural earnings visibility and long-term growth tailwinds, indicating a fundamental shift beyond mere defensive plays.