Hindalco, Vedanta Gain After Aluminium Rises In International Market
Shares of Hindalco and Vedanta rose as much as 2.8 percent and 2.7 percent each respectively after aluminium prices rose in international markets after buyers stopped buying aluminium from the world’s largest manufacturer — Rusal following sanctions imposed by U.S.
The aluminium price on London Metal Exchange rose 3 percent overnight, posting biggest 5-day gain in nine years.