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...
Grow with
AL Circle
Vedanta Limited’s Lanjigarh has started ‘Sashakti Suvidha Kendra’ to help local women sustain their livelihood due to the various challenges posed by the covid pandemic. G.G Pal, Dy. CEO – Alumina Business, inaugurated the initiative along with Javed Khan, Block Program Coordinator, Lanjigarh to...
Vedanta has slashed its aluminium products price by more than 1% after marking a hike yesterday. With effect from Wednesday, 16 June 2021, the prices of some aluminium ingots have reduced by INR 3,500 per tonne to stand at INR 207,750-220,750 per tonne, from INR 211,250-224,250- per tonne on June...
Vedanta Limited has further increased its aluminium ingot and aluminium products prices for the fifth time in a row, with effect from Tuesday, June 15. Vedanta’s aluminium ingot price has been raised by INR 1,750 per tonne or 0.80 per cent to INR 211,250-224,250 per tonne as of June 15. On...
Vedanta Limited increased its aluminium products and aluminium ingot prices for the fourth time in a row with effect from Saturday, June 12. Vedanta’s aluminium wire rod price came in at INR 217,000-224,500 per tonne, up by INR 2,500 per tonne or 1.16 per cent from INR 214,500-222,000 per tonne on...
The iconic aluminium producer of India, Bharat Aluminium Company (BALCO) is a strong promoter of leveraging next-generation technology to model its manufacturing process sustainable and reducing carbon footprint. BALCO has reduced its power consumption in its ‘potline 1’ at its aluminium smelter in...
Vedanta has further expanded its aluminium products price by nearly 1%. With effect from Thursday, 10 June 2021, the prices of some aluminium ingots have climbed by INR 2,000 per tonne to stand at INR 207,000-220,000 per tonne, from INR 205,000-218,000- per tonne on June 9. The billets price stands...
Vedanta Limited has expanded its aluminium ingot and aluminium products prices for the second time in a row since the last cut on June 4. With effect from Wednesday, June 9, Vedanta has increased its aluminium ingot price by INR 1,500 per tonne to INR 205,000-218,000 per tonne. The company is...
Vedanta Aluminium and Power Business has released its maiden Sustainable Development Report. The report, which was inaugurated on World Environment Day, can be accessed on the business’ website www.vedantaaluminium.com . The Sustainable Development Report covers the Business’ performance across key...
Vedanta Limited increased its aluminium products and aluminium ingot prices on Saturday, June 5, the next day after it cut the prices by INR 5,000 per tonne. The company expanded its aluminium wire rod price by INR 1,750 per tonne or 0.84 per cent to INR 211,000=218,500 per tonne, with effect from...
Vedanta has cut its aluminium products price by more than 2%. With effect from Friday, 4 June 2021, the prices of some aluminium ingots have declined by INR 5,000 per tonne to stand at INR 201,750-214,750 per tonne as against INR 206,750-219,750- per tonne on June 2. The company’s billets price...
Vedanta Limited has significantly expanded its aluminium ingot and aluminium products prices for the third time in a row, with effect from Wednesday, June 2, 2021. Vedanta has raised its aluminium ingot price by INR 6,250 per tonne or 2.9 per cent to INR 206,750-219,750 per tonne on June 2. Last...
Primary aluminium market has witnessed a rise in LME aluminium benchmark price this week during May 24-28. The Chinese domestic aluminium ingot price has also seen a surge of RMB 480 per tonne through the week. Besides, the market has encountered hikes in Vedanta’s and Hindalco’s aluminium ingot...
Vedanta has continued to raise its aluminium products price by more than 1%. With effect from Friday, 28 May 2021, the prices of some aluminium ingots have inched up by INR 3,250 per tonne to stand at INR 200,500-213,500 per tonne from INR 197,250-210,250- per tonne on May 26. The company’s billets...
Anil Agarwal led Vedanta Ltd., a subsidiary of Vedanta Resources Limited, counted as one of the world's leading diversified natural resource companies plans to invest INR 10,000 crore in setting up an aluminium park in Odisha, an eastern state in India to encourage companies that use the metal to...
Vedanta has hiked its aluminium products price by more than 1%. With effect from Wednesday, 26 May 2021, the prices of some aluminium ingots have risen by INR 2,500 per tonne, standing at INR 210,250-197,250 per tonne from INR 207,750-194,750 per tonne on May 25. The company’s billets price stands...
Vedanta Limited has reduced its aluminium products and aluminium ingot prices for the second time in a row, with effect from Tuesday, May 25. The company has cut its aluminium billet price by INR 7,750 per tonne or 3.68 per cent to INR 202,750 per tonne. Last week on May 20, Vedanta’s aluminium...
Vedanta Limited has decreased its aluminium products and aluminium ingot prices on May 20, following a raise on a day ago. Vedanta is now selling its aluminium wire rod at INR 210,000-217,500 per tonne, which is INR 5,500 per tonne or 2.5 per cent less than INR 215,500-223,000 per tonne on May 19....
Vedanta Limited has increased its aluminium ingot and aluminium products prices by INR 1,500 per tonne with effect from Wednesday, May 19, following two consecutive cuts last week on May 13 & 15. Vedanta’s aluminium ingot price has come in at INR 208,000-221,000 per tonne compared to INR...
