The shares of National Aluminium Company Ltd (NALCO) rose by 8.6 per cent, Hindalco by 3.8 per cent and Vedanta by 3.2 per cent. The aluminium prices in the spot market on the Multi Commodity Exchange (MCX) rose over 2 per cent.
China's withdrawal of the export tax rebate, which will be enforced from December, is likely to restrict aluminium flows from China in the short term.
Denne historien er fra November 19, 2024-utgaven av Business Standard.
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Denne historien er fra November 19, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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