Synopsis: Hindalco shares slipped 2% after Novelis posted a $160 million Q3 loss due to Oswego plant fires. While adjusted EBITDA per tonne rose 6% to $430, brokerages remain mixed amid near-term operational disruptions. The shares of this company are primarily...
An anti-dumping duty is imposed to protect domestic industries from unfair competition caused by foreign companies selling products at below-market prices, often referred to as “dumping.” This practice can harm local manufacturers by undercutting their...
Hindalco vs Nalco: Aluminium is the second most used metal in the world. India is the 6th largest producer of aluminium in the world with a share of around 5.3% of the global aluminium output. This makes the aluminium industry hard to be ignored. Here we compare the...