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RHB keeps Buy on Press Metal as aluminium prices support earnings outlook
26 May 20263MINS
Downstream
Press Metal Aluminium Holdings is expected to enter a stronger earnings phase as higher aluminium prices and easing raw material costs support profit growth in the coming quarters, according to RHB Research. RHB maintained its “Buy” recommendation on Press Metal with an unchanged target price of ...
Kaiser Aluminum revenue rises 42% as institutional ownership remains above 99%
25 May 20263MINS
Downstream
Kaiser Aluminum Corporation, a US-based producer of semi-fabricated aluminium products, saw changes in shareholder holdings during the fourth quarter, with Systematic Financial Management LP reducing its stake by 2.2 per cent, according to its latest filing with the US Securities and Exchange Comm ...

25 May 20262MINS
Alumina
Texmaco Rail & Engineering has received a letter of award worth INR 285.8 million (USD 3 million) from Vedanta Aluminium for the supply of one BTAP alumina transportation rake along with one brake van or guard vehicle. The company said the contract value includes taxes and will be executed within ...
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