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Hindalco jumps 6% as Q4 profit doubles: Should you buy, sell or hold the stock?

Hindalco Q4 Profit: For the full-year period from April to March 2022, the consolidated net profit grew more than three-fold or 294.2 percent . ....

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Sensex rises over 400 points, Nifty over 16,300 | Top gaining shares

Nifty 50 index was up 0.84 per cent or 135.15 at 16,281.10, while the S&P BSE Sensex rose 0.86 per cent or 465.36 points to 54,717.89. ....

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SMEs feel the heat as copper prices hit the roof - The Hindu BusinessLine


SMEs feel the heat as copper prices hit the roof
February 20, 2021
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The sharp spike in the benchmark LME (London Metal Exchange) copper prices to $8,806 a tonne from $7,755 from start of this month has put scores of small and medium enterprises in a tizzy particularly when the demand is reviving slowly after the Covid impact.
In fact, copper prices have jumped 24 per cent from $6,702 a tonne logged in October. Notwithstanding the unprecedented rally, Citigroup expects copper prices to touch $10,000-12,000 a tonne given the huge demand-supply gap globally.
Vijay Aggarwal , Director, Solis Corporation, said the excess liquidity in the global markets has been driving metal prices on overseas exchange and upsetting the calculation of the domestic industries which work on 2-4 per cent margin. ....

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