NALCO, Hindalco, Vedanta shares rally up to 10%. Hereβs why
Shares of Indian metal companies National Aluminium (NALCO), Hindalco, and Vedanta shot up by 10% on Monday after the aluminium prices went up over the weekend after China’s finance ministry proposed to reduce or cancel export tax rebates for commodities including copper and aluminium, effective December 1. Shares of NALCO skyrocketed by 10% to their…
READ MORE