Domestic copper demand is surging, driven by EV adoption, renewable power, and massive grid upgrades. Here’s a breakdown of the three key Indian players expanding capacity to capture this growth.
4 min read21 Aug 2026The Aditya Birla Group metal flagship reported an almost 75% year-on-year jump in the June-quarter net profit attributable to owners at ₹7,013 crore.
2 min read7 Aug 2026Hindalco is the only company to bid for NPCIL's Bharat Small Reactor programme, signalling that India's biggest manufacturers increasingly see reliable, low-carbon power—not just metal production—as their next competitive advantage.
5 min read31 Jul 2026Hindalco chairman Kumar Mangalam Birla dismissed competitive threats from Adani Group's new $11.5 billion aluminium venture, citing the company's low-cost production edge. The AGM comments came even as Hindalco reported a 15% revenue rise but a 16% profit drop in FY26 due to Novelis fires.
3 min read23 Jul 2026Aluminium prices have retreated from war-driven highs after the US-Iran peace deal, but supply constraints, strong demand and looming deficits could keep the metal well supported.
2 min read19 Jun 2026Shares of aluminium companies face corrections amid a decline in base metal prices. However, Axis Securities maintains BUY ratings for Hindalco and NALCO despite share declines. Analysts forecast aluminium prices to remain between $3,000 and $3,800/t in the short term.
2 min read16 Jun 2026The steelmaker will run its alternate UK facility 24/7 to protect customer supplies after a critical processing line completely collapsed in the blaze.
3 min read7 Jun 2026Hindalco and Nalco's stock prices increased by up to 5% following a spike in aluminium prices due to geopolitical factors. Morgan Stanley reports favorable aluminium demand-supply dynamics, emphasizing Hindalco's strong position with a target price of ₹1,325, signaling over 20% upside potential.
3 min read27 May 2026Hindalco's Q4FY26 net profit halved due to exceptional charges, but surging aluminium and copper prices, Novelis' Oswego plant restart, and upward earnings revisions by brokerages keep the medium-term outlook intact.
3 min read25 May 2026The profit decline stemmed mainly from ₹6,963 crore in one-off expenses linked to the Oswego plant disruption in New York last year. Operations of Novelis, a key supplier of rolled aluminium to can makers and auto companies, were affected by the fire.
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