Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and...
Motilal Oswal has maintained its “buy” rating on Vedanta Aluminium Metal, saying production growth, lower costs and a bigger share of value-added products could support a multi-year expansion in earnings. The brokerage has set a target price of INR 540 (USD 5.67) per share, implying potential...
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Vedanta Industries Limited has curtailed its aluminium products and aluminium ingot prices by 2.2 per cent or INR 5,500 per tonne, with effect from December 13, bringing the aluminium wire rod price to INR 235,750- 243,250 per tonne. Prior to this, the last revision of price was on December 6 when...
The increasing demand and use of aluminium across the globe in various industries like construction, packaging, and transportation shows that the incorporation of this silvery-white is widespread and evolving daily. The downstream segment also witnessed significant investments and enthusiastic...
Sustainability, or the urge to shift towards a greener environment, has become the need of the hour. Top companies and individuals, including the aluminium sector, are leaving no page unturned to shift towards this greener industry. Aluminium, also known as green metal, is considered one of the...
Vedanta Limited continued to increase its aluminium ingot and aluminium product prices on Tuesday, December 6. The company expanded its aluminium ingot price by INR 4,500 per tonne or 1.96 per cent to sell the products at INR 233,750-264750 per tonne. On December 3, the price had settled at INR...
The momentum of the global transition to clean technologies is fast increasing in response to the pressing need for urgent climate action and sustainable lifestyles. This is evident in the commitments to Net Zero and Sustainable Development Goals made by several countries and organizations...
Vedanta Limited trimmed its aluminium products and aluminium ingot price by INR 1,500 per tonne on Saturday, December 3. That brought the company’s aluminium wire rod price to INR 235,250-242,750 per tonne versus INR 236,750-244,250 per tonne on December 2. With the latest cut, Vedanta’s aluminium...
Equispheres Inc. supports the contented brains that created all inventions that revolutionised the additive manufacturing sector. Recently, it collaborated with Morf3D to identify fresh, high-performance aluminium powders that boost the efficiency and performance of the metal additive manufacturing...
The International Aluminium Institute (IAI) announced on November 28 that MYTILINEOS had successfully enrolled as a member of its organisation. By issuing membership certificates, the IAI, founded in 1972, unites international bauxite, alumina, and aluminium firms from all the key producing...
A sectoral session on the metal, downstream, and auxiliary industries was held on the Make in Odisha Conclave's second day. More than ten top industry leaders addressed a sizable crowd of business titans, policymakers, investors, and many more. The Minister of Industries, Energy and MSME, Pratap...
On Thursday, December 1, Odisha Chief Minister Naveen Patnaik reportedly laid the ground for Vedanta’s mega aluminium park at the Make in Odisha, 2022 Conclave by pressing the button in the presence of the company’s chairman Anil Agarwal. The Vedanta Aluminium Park, once developed, will be one of...
Vedanta Limited has increased its aluminium products and aluminium ingot prices following back-to-back cuts on November 24, 25 and 29. On Wednesday, November 30, Vedanta has hiked its aluminium wire rod price by INR 2,000 per tonne to sell the product at INR 228,750-236,250 per tonne. Aluminium...
Sustainability, or the urge to shift towards a greener environment, has become the need of the hour. Top companies and individuals, including the aluminium sector, are leaving no stone unturned to shift towards a greener industry. Aluminium as a metal generates around 1.1 billion tonnes of carbon...
The iconic aluminium producer in India and a subsidiary of Vedanta Aluminium observed 'World Quality Month' across its operations with various awareness-raising activities for its employees, business partners, and community members. The activities focused on raising their awareness of the...
Vedanta Limited further curtailed its aluminium products and aluminium ingot prices for the second day in a row, with effect from Friday, November 25. Vedanta cut its aluminium wire rod price by INR 1,750 per tonne to sell the product at INR 229,250-236,750 per tonne versus INR 231,000-238,500 per...
Vedanta Limited has reduced its aluminium ingot and aluminium products prices by INR 2,750 per tonne on Thursday, November 24, just after the day it hiked its products prices by INR 4,500 per tonne. The latest cut has brought the company’s aluminium ingot price to INR 223,500-254,500 per tonne as...
Vedanta Limited has hiked its aluminium ingot and aluminium products prices, with effect from Wednesday, November 23, following a cut on the previous day. On Tuesday, November 22, Vedanta reduced its aluminium ingot price by INR 2,000 per tonne to INR 221,750-252,750 per tonne, following which, the...
Vedanta Aluminium, India’s largest aluminium producer, held a technical masterclass on how to boost extrusion productivity, with about 300 participants from 60 leading companies in the extrusion industry from the US, the UK, India, Portugal, Greece, Australia, Israel and many more. The masterclass...
Vedanta Limited reduced its aluminium ingot and aluminium products prices by INR 3,500 per tonne on Friday, November 18. With the latest cut, Vedanta’s aluminium ingot price hovered around 221,250-252,250 per tonne versus INR 224,750- 255,750 per tonne on November 17. Vedanta’s aluminium wire rod...
