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Hindustan Zinc Ltd Slides 2.79%
Hindustan Zinc Ltd has lost 12.86% over last one month compared to 0.29% fall in BSE Metal index and 2.67% drop in the SENSEX
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.
Hindalco offers favourable risk-reward, says HSBC; sees stock at ₹1,430
The brokerage said that while benchmark aluminium prices on the London Metal Exchange (LME) have remained firm, physical aluminium premiums have risen sharply, with recent offers crossing $450 per tonne.
Three Metal stocks that are down over 10% in the last four sessions
A rising US Dollar is generally negative for metals as they are globally priced in that currency and therefore a rising dollar means decreased purchasing power and higher yields mean investors prefer interest yielding instruments instead of commodities like metals, which do not yield any interest.
Two Adani Group stocks in focus as GQG sells stake in Rs 5,750 crore deal; SBI MF lone buyer
Adani Enterprises and Adani Energy Solutions will be in focus after GQG Partners sold stakes worth about Rs 5,750 crore via block deals, with SBI Mutual Fund buying the shares. The move is seen as portfolio rebalancing following a strong recovery in Adani Group stocks over the past year.
Hindalco expects aluminium to shine bright downstream
Upstream operations typically involve extraction of raw materials to produce basic metal, the pricing for which is largely dependent on global commodity prices. Downstream operations are a value addition to the basic metal, converting it specifically as per customers' requirements, and has more stable pricing compared to the basic metal.
SBI MF acquires stakes in Adani Enterprises, Adani Energy Solutions from GQG for Rs 5,748 crore
SBI Mutual Fund acquired stakes in Adani Enterprises and Adani Energy Solutions from GQG Partners through open market transactions worth a combined Rs 5,747.54 crore on 5 June 2026.
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.
SBI Mutual Fund buys stakes in 2 Adani group firms for ₹5,747 cr
SBI Mutual Fund on Friday bought stakes in Adani Enterprises and Adani Energy Solutions from US-based GQG Partners for Rs 5,747 crore through open market transactions. SBI Mutual Fund purchased 1,64,39,984 shares representing nearly a 1.3 per cent stake in Adani Enterprises, the flagship entity of the Adani Group, according to block deal data on the National Stock Exchange (NSE). In addition, SBI MF also acquired 63,65,796 shares, amounting to a 0.52 per cent stake in Adani Energy Solutions. The shares were picked up in the price range of Rs 1,504.80-2,913.40 apiece, taking the combined transaction value to Rs 5,747.55 crore. Meanwhile, Rajiv Jain-backed GQG Partners, through its affiliate GQG Partners Emerging Markets Equity Fund, offloaded the same number of shares in the two Adani group companies. The stake buy comes after SBI Mutual Fund last month acquired a 0.45 per cent stake in Adani's flagship firm Adani Enterprises, for Rs 1,435 crore. Shares of Adani Enterprises rose 2
Rs 5,750 crore Adani block deal: SBI Mutual Fund picks stake from GQG
GQG Partners sold stakes in Adani Enterprises and Adani Energy Solutions worth about Rs 5,750 crore through block deals, with SBI Mutual Fund acquiring the shares. The transactions are seen as portfolio rebalancing after a strong recovery in Adani Group stocks over the past year.
India's Crude steel production up around 3% in May 2026
India's steel sector sustained its growth trajectory in May 2026, recording year-on-year gains across key production and consumption indicators. Crude steel production reached 14.21 million tonnes in May 2026, up 2.9% year-on-year (YoY). Hot metal production grew 2.0% YoY, while pig iron output (0.77 million tonnes) posted a growth of 1.1% YoY. Finished steel production reached 13.94 million tonnes in May 2026, up 7.7% YoY. Finished steel consumption in May 2026 was 14.33 million tonnes, registering growth of 9.0% YoY.
Hindustan Zinc Ltd eases for fifth straight session
Hindustan Zinc Ltd is quoting at Rs 603.05, down 1.23% on the day as on 13:19 IST on the NSE. The stock jumped 22.67% in last one year as compared to a 5.65% slide in NIFTY and a 45.58% spurt in the Nifty Metal index.