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Hindustan Zinc reports record Q1 mined metal output for fifth straight year
Hindustan Zinc achieved record first-quarter production, with mined metal up 1% YoY to 268,000 kt. The company signed an MoU for green energy solutions and aims for net-zero emissions. However, shares dipped 16% in June amid silver price volatility and government stake sale rumors.
India can become net aluminium exporter with competitive production, says Karan Adani
India can become a major aluminium exporter if production costs are competitive, according to Karan Adani. Despite existing capacity, the nation imports the metal, indicating strong domestic demand. Adani Group plans a massive integrated aluminium project in Odisha, committing $11.5 billion to establish a refinery, smelter, and downstream park, aiming to bridge the supply-demand gap and create over 53,000 jobs.
Hindustan Zinc reports highest-ever first-quarter mined metal production
Hindustan Zinc Ltd. on Thursday reported its highest-ever first-quarter mined metal production, with output rising 1% year-on-year to 268 kilotonnes (kt) in the quarter ended June 30, 2026, driven mainly by better ore grades.
Hindustan Zinc Q1 mined metal production up, refined lead output drops
Hindustan Zinc Ltd. reported a marginal one percent increase in mined metal production for the first quarter, reaching a record 2,68,000 tonne. However, refined lead production saw a two percent dip to 47,000 tonne. Overall refined metal output grew by four percent to 2,60,000 tonne, with refined zinc production climbing to 2,13,000 tonne. Wind power generation remained steady.
Vedanta Aluminium Metal gains after brokerage initiates coverage with 'Buy'
Vedanta Aluminium Metal rose 1.62% to Rs 459.25 on Thursday after a domestic brokerage initiated coverage on the stock with a 'Buy' rating and a target price of Rs 550.
Adani takes on Birla, Vedanta with $11.5 billion aluminium bet
The proposed 2 mtpa plant in Odisha would also help India reduce its reliance on imported aluminium, a light-weight metal that is increasingly used in electric vehicles
From AI to SIPs: Edelweiss Mutual Fund's Radhika Gupta on what investors should watch now
Radhika Gupta of Edelweiss Mutual Fund urges balanced investing amid AI and geopolitical risks, highlighting sector bets and India’s improving earnings outlook.
ICICI Pru's S Naren expects moderate market returns, backs gold in diversified portfolios
S Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said improving macro conditions have strengthened India's outlook but global AI-led capital flows continue to favour overseas markets. Naren reiterated his preference for diversified multi-asset investing over concentrated equity or standalone gold ETF exposure.
ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of India - livemint.com
ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of Indialivemint.com
Adani Enterprises, Odisha govt sign pact for Rs 1.08 lakh crore aluminium plant with IHC
Adani Enterprises is set to invest a massive Rs 1.08 lakh crore in Odisha for a new greenfield aluminium project, in partnership with Abu Dhabi's IHC. This significant venture aims to boost India's aluminium production by nearly 50%, featuring a large-scale refinery, smelter, and downstream park. The project, supported by substantial power generation, is expected to create over 50,000 jobs, marking a major FDI in India's metal sector.
Sensex trades 290 pts higher; metal shares shine
At 11:30 IST, the barometer index, the S&P BSE Sensex, advanced 290.73 points or 0.38% to 77,213.37. The Nifty 50 index rallied 84.10 points or 0.34% to 24,087.90.
S Naren explains why people should not invest in Gold and Silver at this point
S. Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said investors who rushed into precious metal ETFs earlier this year ignored asset allocation principles and have since faced losses. He said gold remains useful for portfolio diversification, but prefers exposure through multi-asset funds, while warning that a potential cut in the 15% customs duty could weigh on returns from standalone gold and silver investments.