The stock touched an intraday high of Rs 656 per share, rising 4.57 percent from its previous close. The scrip opened with a gain of 2.32 percent. Vedanta shares were too seen in demand as investors jumped to invest in the stock. The counter jumped nearly ...

Hindalco, and Vedanta shares zoomed almost 10 per cent on the NSE (National Stock Exchange) after China rolled back a 13 per cent tax rebate given on copper and aluminium products. The shares of NALCO (National Aluminium Company) rocketed almost 10 per cent on the NSE (National Stock Exchange),

Chinese Aluminium exports represent 15% to 16% of the country's total production and 20% to 22% of production outside China.

PM (IST) on Thursday, up 0.5 per cent. The stock quoted a 52-week low price of Rs 230.65 and a high of Rs 523.6. Earlier in the day, the stock saw a opening. At the prevailing price, the stock traded at 15.

China’s decision to cancel this tax rebate, which has long supported its export-driven aluminum industry, sparked a sharp rally in aluminum prices on the London Metal Exchange on Friday. The move is expected to curb the excessive supply of Chinese aluminum abroad.