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Hindalco’s December quarter numbers illustrate the stress faced by metal producers. The sector has been hit by a double whammy of lower prices and higher costs. As a result, even as standalone revenue is up 11 per cent year-on-year to Rs 6,647 crore, net profit is down two per cent, to Rs 451 crore.  Click here for more


Aban Offshore, whose share price was languishing for quite some time, is up almost 50 per cent over the past month. The news of Goldman Sachs picking shares of Aban worth Rs 22 crore from the open market has also rubbed off positively on the stock.  Click here for more