COPPER DEMAND INDIA
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
Adani eyes Chile's copper riches: Kutch Copper and Codelco sign MoU to explore Kaburkaala project
Adani Group's Kutch Copper Ltd has signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project in northern Chile. The partnership aims to combine Adani's investment and technical capabilities with Codelco's geological expertise, potentially securing long-term copper supplies for the group's Mundra smelter as India seeks to strengthen its domestic copper supply chain.
Hindalco bets on value-added products for earnings growth, stock re-rating
Hindalco reported record revenue and profit in the latest quarter amid increasing metal prices and improved Novelis performance. The company anticipates muted growth due to declining aluminium prices and elevated input costs. It has initiated significant investments in capacity expansion and enhancing value-added products. Novelis expects to transition towards increased earnings and cost savings in the coming years. Hindalco's strategic moves aim to fortify its position in the aluminium market.
Stocks in news: Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance
Indian markets are set to resume trading after the Diwali holiday, with investors tracking key stocks such as Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance amid Q2 earnings and corporate developments. Nifty faces immediate resistance at 25,150–25,200.
Whirlpool hikes prices by 5% from November 1 amidst inflationary heat
Whirlpool of India Limited announced a five percent price increase on all products, effective November 1, 2026. This decision aims to address cost pressures stemming from commodity inflation and rising crude oil prices. The price hike occurs ahead of the peak Diwali season, which is vital for consumer sales. The company faces challenges due to new energy regulations and increased production costs.
Gold price prediction: Gold rate to undergo volatile mode, claim experts, cite a few factors that will impact bullion movement
Gold rate prediction: Geopolitical developments in the Middle East, US-Iran war are expected to remain a major driver of precious metal prices.
Dhanteras 2026 diamond, gold, silver, brass, copper, bronze price today: Buying precious metal for prosperity today, check prices of 6 metals
Things to buy on dhanteras 2026 buying guide: Dhanteras falls on November 6, with gold, silver and other precious metals remaining popular festive purchases. Check today's prices of 24K and 22K gold, silver, diamond, brass, copper and bronze before buying. Also know how purity, making charges and market fluctuations affect the final price.
ETMarkets Commodity Talk| Building a 5-year portfolio? Why gold could take the largest share of your commodity allocation, Deveya Gaglani decodes
In this edition of ETMarkets Commodity Talk, Deveya Gaglani, Senior Research Analyst – Commodities at Axis Direct, shares his views on the evolving commodity landscape and the role of gold, silver and industrial metals in a diversified portfolio. He also explains why gold could form the largest component of a long-term commodity allocation, while highlighting the risks of blindly buying the dip or chasing a sharp rally.
India's solar module component market may more than double to $7.8 billion by FY28
India's solar module component market could grow to $7.8 billion by March 2028 from $3.6 billion in September 2026, driven by expanding domestic manufacturing capacity and demand, a CEEW study said. However, timely commissioning of planned factories and assured orders from solar module makers will be crucial to unlocking this potential.
India’s solar components market to more than double to $7.8 billion by March 2028: CEEW
India's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased domestic manufacturing capacity and rising demand. Planned expansions of production facilities are crucial for meeting anticipated requirements. Additionally, ensuring consistent quality and reliable supply chains will enhance competitiveness against imports. The study emphasizes the importance of clear standards and regulations for the solar components industry.
ETMarkets Commodity Talk| A 10% allocation to gold and silver? Motilal Oswal's Manav Modi explains the commodity playbook
In this edition of ETMarkets Commodity Talk, Manav Modi, Commodities Analyst at Motilal Oswal Financial Services, decodes the contrasting moves in gold, crude and copper. He also shares his views on the role of commodities in a long-term portfolio, the common mistakes investors should avoid, and why an allocation of at least 10% to gold and silver could be considered based on an investor's risk profile and investment horizon.
Indian battery component makers face up to 61% cost disadvantage against imports: Report
Indian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report indicates that high input costs hinder the growth of domestic manufacturing capabilities. Battery demand in India is expected to rise significantly by 2037, creating urgency for improvements in local production. The government is considering incentive options to support the industry and bridge the cost gap.
ETMarkets Smart Talk| FDs, government bonds or debt mutual funds: How should investors choose in today's market?
In this edition of ETMarkets Smart Talk, we speak with Siddharth Chaudhary, Head – Fixed Income, Bajaj Asset Management Limited, who shares his outlook on interest rates, bond yields and liquidity, and explains how investors can navigate the changing fixed-income landscape while balancing returns, risk and liquidity needs.
ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel
In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
Silver loses more than half its value from record high: What went wrong and will it recover?
Silver has plunged more than 58% from its February record high of nearly $120 an ounce to around $50, as profit-booking, weaker industrial demand and shifting macroeconomic conditions weigh on prices. Geojit’s Hareesh V explains what drove the rally, why it unravelled and what could shape silver’s recovery.
Adani group stocks jump up to 3%, add Rs 23,000 crore to total m-cap. What’s behind the surge?
Adani Group stocks rose on Thursday, adding Rs 23,000 crore to their combined market capitalisation, as Q2 results and bullish brokerage calls lifted sentiment. Adani Power reported a 134% jump in net profit, while Jefferies raised its target price for Adani Ports and sees significant upside in Adani Enterprises.
India's deeptech dream remains import dependent for critical components
The founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of critical components. “Parts that were earlier available within weeks are now taking months to arrive, making it harder for startups to plan development and testing schedules,” the founder said, requesting anonymity.
Hyundai Motor India's Q2 profit falls 24% as commodity costs blunt tax-cut boost to demand
Hyundai Motor India reported a profit drop of 24% in the second quarter due to increased raw material costs. Rising commodity prices for materials like copper and steel squeezed profitability despite strong vehicle demand. The company's profit after tax for the quarter was Rs 1,196 crore, down from Rs 1,572 crore the previous year. Total revenue increased significantly to Rs 20,696 crore, marking a record quarter.
Load More
