Nalco, Hindalco & Vedanta Shares Surge Almost 10% On NSE

NALCO, Hindalco Industries and Vedanta shares surge up to 7%. Here’s why
China’s decision to cancel this tax rebate, which has long supported its export-driven aluminum industry, sparked a sharp rally in aluminum prices on the London Metal Exchange on Friday. The move is expected to curb the excessive supply of Chinese aluminum abroad.
NALCO shares surge over 9% on five-fold jump in quarterly profit
Shares of National Aluminium company limited (NALCO) gained above 9 per cent on November 18 as the consolidated net profit quintupled to ₹1,062 crore for the second quarter ended on September 30, 2024,
Nalco, Hindalco & Vedanta Shares Surge Almost 10% On NSE After China Rolls Back 13% Tax Rebate On Copper & Aluminium Products
Hindalco, and Vedanta shares zoomed almost 10 per cent on the NSE (National Stock Exchange) after China rolled back a 13 per cent tax rebate given on copper and aluminium products. The shares of NALCO (National Aluminium Company) rocketed almost 10 per cent on the NSE (National Stock Exchange),
NALCO shares end 8% higher; Hindalco, Vedanta gain 3% each post China's latest move
Chinese Aluminium exports represent 15% to 16% of the country's total production and 20% to 22% of production outside China.
China tax rebate cuts boost aluminium stocks; shares rally on price surge
Beijing's move may further boost aluminium prices as exports from the country are set to decline starting December
Nalco, Hindalco, Vedanta shares rise up to 9% as China cancels export tax rebates for aluminium
Any tightening of the supply of aluminium and aluminium products globally are expected to benefit Indian producers.
Nalco, Hindalco, Vedanta rally up 10%; why these metal stocks are shining brighter
Indian aluminium companies were rallying higher on Monday as China said it would cancel export tax rebates, fuelling worries ...
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Metal stocks NALCO, Hindalco, Vedanta gain up to 13%: Here's why
Until thus far, products made from aluminium and copper were offered a tax rebate of 13 per cent. Nonetheless, Nifty Metal ...
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NALCO Share Price Today at ₹221: Is It a Good Buy?
NALCO Share Price Today at ₹221 - National Aluminium Company (NALCO), a prominent player in India’s aluminium industry, has ...