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Elpro International zooms on acquiring stake in Manappuram Finance Elpro International is currently trading at Rs. 81.90, up by 5.16 points or 6.72% from its previous closing of Rs. 76.74 on the BSE. The scrip opened at Rs. 78.00 and has touched a high and low of Rs. 83.00 and Rs. 78.00 respectively. So far 226455 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 86.25 on 08-Sep-2022 and a 52 week low of Rs. 53.00 on 27-Mar-2023. Last one week high and low of the scrip stood at R...
Elpro International zooms on acquiring stake in Manappuram Finance
Elpro International zooms on acquiring stake in Manappuram Finance
Source: Accord Fintech
29/08/2023 12:23:35 PM
Indian miner Hindustan Zinc`s Q1 profit falls on weak zinc, lead prices Indian miner Hindustan Zinc on Friday reported a fall in first-quarter profit, dragged by weak zinc and lead prices, and despite reduced expenses and tax burden. The company's consolidated net profit fell 36.5% to 19.64 billion rupees ($239.5 million). Revenue from operations fell to 71.11 billion rupees from 92.36 billion rupees a year ago, which it attributed to lower zinc and lead prices and lower lead volumes - though it was partially offset by higher zinc volumes and silver pri...
Indian miner Hindustan Zinc`s Q1 profit falls on weak zinc, lead prices
Indian miner Hindustan Zinc`s Q1 profit falls on weak zinc, lead prices
Source: Reuters
21/07/2023 4:18:27 PM
Clear signs of lead, zinc, silver minerals` presence found in Rajasthan's Alwar belt After getting clear indications of lead, zinc and silver deposits near Bileta in Alwar's Raini tehsil, the state government has decided to get detailed exploration done from the Rajasthan State Mineral Exploration Trust. Under the leadership of Additional Director, Geology, Alok Jain, the officials showed samples of the spot to Director, Mines and Petroleum Sandesh Nayak on Thursday and expressed the possibility that there are abundant reserves of lead, zinc, and silver available in Al...
Clear signs of lead, zinc, silver minerals` presence found in Rajasthan's Alwar belt
Clear signs of lead, zinc, silver minerals` presence found in Rajasthan's Alwar belt
Source: IANS
21/07/2023 9:12:42 AM
Indian government may delay Hindustan Zinc share sale - sources The Indian government may postpone its plans to sell its stake in Hindustan Zinc until a turnaround in the industry's fortunes, following advice from merchant bankers, two government sources told Reuters. The government though, still hopes to push through the long-delayed sale this financial year, one of the sources said. The government plans to sell its over 29% stake in tranches, starting with the sale of about 5% stake. Vedanta Group holds a 64.9% stake. Hindustan Zinc's s...
Indian government may delay Hindustan Zinc share sale - sources
Indian government may delay Hindustan Zinc share sale - sources
Source: Accord Fintech
19/07/2023 12:07:56 PM
Vedanta rises as its Aluminium Business gets ASI Performance Standard Certification Vedanta is currently trading at Rs. 285.85, up by 2.15 points or 0.76% from its previous closing of Rs. 283.70 on the BSE. The scrip opened at Rs. 286.00 and has touched a high and low of Rs. 287.25 and Rs. 283.85 respectively. So far 98240 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 352.90 on 10-May-2022 and a 52 week low of Rs. 206.10 on 01-Jul-2022. Last one week high and low of the scrip stood at Rs. 287...
Vedanta rises as its Aluminium Business gets ASI Performance Standard Certification
Vedanta rises as its Aluminium Business gets ASI Performance Standard Certification
Source: Accord Fintech
10/05/2023 11:42:57 AM
Vedanta surges as its parent company reduces gross debt by $1 billion Vedanta is currently trading at Rs. 278.20, up by 2.95 points or 1.07% from its previous closing of Rs. 275.25 on the BSE. The scrip opened at Rs. 275.80 and has touched a high and low of Rs. 279.05 and Rs. 275.60 respectively. So far 134701 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 419.55 on 29-Apr-2022 and a 52 week low of Rs. 206.10 on 01-Jul-2022. Last one week high and low of the scrip stood at Rs. 28...
Vedanta surges as its parent company reduces gross debt by $1 billion
Vedanta surges as its parent company reduces gross debt by $1 billion
Source: Accord Fintech
25/04/2023 12:30:40 PM
Turmeric trading range for the day is 6764-6908 - Kedia Advisory Gold Gold yesterday settled up by 0.2% at 60628 prompted by a falling dollar after the inflation report for the US surprised on the downside. The headline inflation eased to 5% compared to forecasts of 5.2% and the monthly rate increased 0.1%, half the market expectations. At the same time, core inflation edged higher to 5.6%, but was in line with forecasts. Investors still bet the Fed will deliver another 25bps hike next month but the softer inflation eased some concerns over the need of ...
Turmeric trading range for the day is 6764-6908 - Kedia Advisory
Turmeric trading range for the day is 6764-6908 - Kedia Advisory
Source: Kedia Advisory
13/04/2023 10:30:30 AM
Base Metals Outlook : Metal prices rose early in the month as favourable stats from China Says Mr. Saish Sandeep Sawant Dessai, Angel One "Base Metal Outlook Report" by Mr. Saish Sandeep Sawant Dessai, Research Associate- Base Metals, Angel One Ltd Following a double-digit decline in the base metals pack, the metals extended their weakness from the previous month, with most of the metals ending in the negative zone. Copper and Aluminum, on the other hand, managed to avoid weakening and conclude on a high note. Furthermore, the recent increase in Copper and Aluminium p...
Base Metals Outlook : Metal prices rose early in the month as favourable stats from China Says Mr. Saish Sandeep Sawant Dessai, Angel One
Base Metals Outlook : Metal prices rose early in the month as favourable stats from China Says Mr. Saish Sandeep Sawant Dessai, Angel One
Source: Angel One Ltd
6/04/2023 4:09:51 PM
Vedanta surges on reporting 1.01% growth in aluminium production during FY23 Vedanta is currently trading at Rs. 284.65, up by 2.25 points or 0.80% from its previous closing of Rs. 282.40 on the BSE. The scrip opened at Rs. 284.10 and has touched a high and low of Rs. 284.65 and Rs. 280.25 respectively. So far 568860 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 440.75 on 11-Apr-2022 and a 52 week low of Rs. 206.10 on 01-Jul-2022. Last one week high and low of the scrip stood at Rs. 28...
Vedanta surges on reporting 1.01% growth in aluminium production during FY23
Vedanta surges on reporting 1.01% growth in aluminium production during FY23
Source: Accord Fintech
5/04/2023 1:25:59 PM
Zinc Oxide Manufacturer JG Chemicals gets Sebi's nod to raise funds for IPO Kolkata-based Zinc Oxide manufacturer, J.G. Chemicals Ltd has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). The company had filed preliminary IPO papers with Sebi on January 4, 2023. The IPO consists of a fresh issue of Rs 202.50 crore and an offer-for-sale of up to 5.7 million equity shares by its existing shareholders and promoters. The OFS comprises up to 3.64 mill...
Zinc Oxide Manufacturer JG Chemicals gets Sebi's nod to raise funds for IPO
Zinc Oxide Manufacturer JG Chemicals gets Sebi's nod to raise funds for IPO
Source: PR Agency
28/03/2023 3:52:33 PM
India`s Vedanta profit plummets 41% on soft metal prices Indian metals-to-oil conglomerate Vedanta Ltd reported a near 41% drop in third-quarter profit on Friday, hit by a fall in commodity prices. The Anil Agarwal-led firm's consolidated net profit fell to 24.64 billion rupees ($302.33 million) for the quarter ended Dec. 31 from 41.64 billion a year earlier, Vedanta said in an exchange filing. Analysts had, on average, expected a profit of 20.67 billion rupees ($253.58 million), according to Refinitiv IBES data. Prices of zinc, alumin...
India`s Vedanta profit plummets 41% on soft metal prices
India`s Vedanta profit plummets 41% on soft metal prices
Source: Reuters
28/01/2023 12:36:24 PM
Zinc futures rise on spot demand Zinc prices on Monday increased by Rs 1.20 to Rs 268.10 per kilogram in the futures trade, tracking a firm trend in physical markets amid a pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 1.20 or 0.45 per cent at Rs 268.10 per kg with a business turnover of 647 lots. Marketmen said widening of positions by participants, following a pick-up in demand from consuming industries kept zinc prices higher in the futures trade.
Zinc futures rise on spot demand
Zinc futures rise on spot demand
Source: Dion Global Solutions Ltd
27/12/2022 10:46:36 AM
Indian mining body seeks higher import tax on aluminium, zinc, copper products India's top mining industry body has sought higher import taxes on a slew of metals such as zinc, copper and aluminium to help halt the tide of cheaper imports, especially from China, according to a note sent to the government and seen by Reuters. The government should raise import taxes to 10%-15% on several aluminium products, including scrap to 10% from 2.5%, the Federation of Indian Mineral Industries (FIMI) said in the note addressed to India's Ministry of Finance. India...
Indian mining body seeks higher import tax on aluminium, zinc, copper products
Indian mining body seeks higher import tax on aluminium, zinc, copper products
Source: Reuters
11/11/2022 4:07:51 PM
Mineral production index in July fell 3.3% YoY  The index of mineral production for the mining and quarrying sector for July 2022 stood at 101.1, which was 3.3 per cent lower compared to that recorded in the corresponding period of last year. According to the provisional statistics of Indian Bureau of Mines (IBM), the cumulative growth for the April-July of the current fiscal was up by 6.1 per cent compared to the corresponding period of last year. Production of coal stood at 603 lakh tonnes in July 2022, while that of lignite ...
Mineral production index in July fell 3.3% YoY
Mineral production index in July fell 3.3% YoY
Source: IANS
22/09/2022 9:42:31 AM
Vedanta trades in green on the BSE Vedanta is currently trading at Rs. 278.30, up by 8.05 points or 2.98% from its previous closing of Rs. 270.25 on the BSE. The scrip opened at Rs. 275.30 and has touched a high and low of Rs. 279.55 and Rs. 272.60 respectively. So far 643986 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 440.75 on 11-Apr-2022 and a 52 week low of Rs. 206.10 on 01-Jul-2022. Last one week high and low of the scrip stood at Rs. 27...
Vedanta trades in green on the BSE
Vedanta trades in green on the BSE
Source: Accord Fintech
13/09/2022 3:56:39 PM
Zinc Article : Prices are expected to trade lower till Rs 240/kg in the coming four months. Says Mr. Saish Sandeep Sawant Dessai, Angel One Ltd Zinc Article 25 July 2022 By Mr. Saish Sandeep Sawant Dessai, Research Associate- Base Metals, Angel One Ltd Price performance The global economy is slowing down for sure as the price fall in all the commodities seen in the chart alongside tells us the story. Within commodities, metals as a sector have taken a drastic hit with a fall of two digits in LME Nickel (-31.7%), LME Zinc (-26%), LME Copper (-23%), and Aluminium (-16%). On the other hand, MCX Copper and Zinc pric...
Zinc Article : Prices are expected to trade lower till Rs 240/kg in the coming four months. Says Mr. Saish Sandeep Sawant Dessai, Angel One Ltd
Zinc Article : Prices are expected to trade lower till Rs 240/kg in the coming four months. Says Mr. Saish Sandeep Sawant Dessai, Angel One Ltd
Source: Angel One Ltd
25/07/2022 4:05:33 PM
Vedanta inches up on reporting rise of 8% in production of aluminium and zinc Vedanta is currently trading at Rs. 422.20, up by 0.70 points or 0.17% from its previous closing of Rs. 421.50 on the BSE. The scrip opened at Rs. 425.00 and has touched a high and low of Rs. 425.00 and Rs. 420.60 respectively. So far 65624 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 425.00 on 05-Apr-2022 and a 52 week low of Rs. 209.80 on 12-Apr-2021. Last one week high and low of the scrip stood at Rs. 425...
Vedanta inches up on reporting rise of 8% in production of aluminium and zinc
Vedanta inches up on reporting rise of 8% in production of aluminium and zinc
Source: Accord Fintech
5/04/2022 10:37:19 AM
Non-ferrous metals are on a high, mayhem in markets to continue The Russian-Ukrainian crisis is expected to keep non-ferrous metal prices high in the near future. The crisis has triggered shortages of these industrial metals which in turn have led to massive spike in their prices. Till now, international prices of aluminium, copper, lead, nickel, tin, titanium and zinc have increased exponentially. At present, aluminium is trading at Rs 284 per kg. The price had risen to Rs 320 per kg but retreated thereafter. Similarly, nickel prices are on a...
Non-ferrous metals are on a high, mayhem in markets to continue
Non-ferrous metals are on a high, mayhem in markets to continue
Source: IANS
13/03/2022 12:08:47 PM
Energy Giant Shell, venture capitalists Ankur Capital, APVC invest in Offgrid Energy Labs' pathbreaking energy storage 'ZincGel' technology Offgrid Energy Labs, a deep science, Intellectual Property led global innovator unveils its first innovation - rechargeable zinc-based battery (ZincGel). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. Growing demand for sustainable energy storage has highlighted three key problems with current battery technologies: imbalanced perf...
Energy Giant Shell, venture capitalists Ankur Capital, APVC invest in Offgrid Energy Labs' pathbreaking energy storage 'ZincGel' technology
Energy Giant Shell, venture capitalists Ankur Capital, APVC invest in Offgrid Energy Labs' pathbreaking energy storage 'ZincGel' technology
Source: IANS
15/02/2022 7:00:24 PM
Hindustan Zinc trades lower as NGT imposes Rs 25 crore fine to it in Rajasthan Hindustan Zinc is currently trading at Rs. 326.45, down by 7.45 points or 2.23% from its previous closing of Rs. 333.90 on the BSE. The scrip opened at Rs. 338.00 and has touched a high and low of Rs. 338.00 and Rs. 325.30 respectively. So far 20597 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 407.90 on 18-Oct-2021 and a 52 week low of Rs. 257.00 on 30-Mar-2021. Last one week high and low of the scrip stood a...
Hindustan Zinc trades lower as NGT imposes Rs 25 crore fine to it in Rajasthan
Hindustan Zinc trades lower as NGT imposes Rs 25 crore fine to it in Rajasthan
Source: Accord Fintech
8/02/2022 11:31:24 AM
Non-ferrous metal prices under pressure given surplus in global market Global supply of non-ferrous metals such as aluminium, copper and zinc have increased at a faster rate as compared to the recovery rate in their demand. Consequently, during Q1 of calendar year 2021, the markets of aluminium, copper and zinc were in surplus by 3 per cent, 4 per cent and 2 per cent, respectively, of their consumption. As per an ICRA note, while consumption growth rates of these metals were strong at 8 per cent, 3 per cent and 10 per cent in this quarter, respectively, su...
Non-ferrous metal prices under pressure given surplus in global market
Non-ferrous metal prices under pressure given surplus in global market
Source: IANS
23/06/2021 9:19:56 AM
Harmonic Trade Opportunity In Zinc - Kedia Advisory Technical Update: Zinc Futures forms a Bullish Bats pattern. Prices are expected to face resistance at 211 levels. BUY ZINC ABV 204.50 SL BELOW 200 TGT 211.   To Read Complete Report & Disclaimer Click Here   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Harmonic Trade Opportunity In Zinc - Kedia Advisory
Harmonic Trade Opportunity In Zinc - Kedia Advisory
Source: Kedia Advisory
22/10/2020 5:05:22 PM