11 Nifty cos to rake in commodity rally gains

11 Nifty cos to rake in commodity rally gains

Mumbai: Who are the clear winners — and relative stragglers — of the global commodities supercycle? Metals, mining, oil & gas companies should gain, but higher output prices of these industries will have a negative impact on user industries — auto, real estate, consumer staples, and durables. Global commodity prices have surged in 2021, with … Read more

Hindalco will be back to pre-covid levels by the second half of FY21: Kumar Mangalam Birla

Hindalco will be back to pre-covid levels by the second half of FY21: Kumar Mangalam Birla

MUMBAI: Hindalco Ltd’s upstream plants are operating at near full capacity with all logistics infrastructure coming back on track, said Kumar Mangalam Birla, chairman of the Aditya Birla Group. “At Novelis (Hindalco’s wholly owned subsidiary) too all plants are operational, and many are now running at their full capacity. All the automotive customers in North … Read more