Indian metal stocks saw a significant rise today. Aluminium manufacturers led the gains. The closure of the Strait of Hormuz due to the West Asia conflict is impacting supply chains. This is expected to push up metal prices. National Aluminium Co, Hindalco, and other metal companies registered strong gains. The Nifty Metal Index outperformed the broader market.
DMart Q1 results: Cons PAT up 11% to Rs 860 crore, revenue rises to Rs 18,795 crore
Avenue Supermarts reported an 11.3% net profit increase for the June quarter. The company’s revenue from operations also saw a 14.9% year-on-year rise. EBITDA grew