ANALYSIS: Aluminium cos shine in metal cos' Oct-Dec earnings, steel cos stressed
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ANALYSIS

Aluminium cos shine in metal cos' Oct-Dec earnings, steel cos stressed

Despite pricing pressure from rising imports of steel from China, India's metals and mining companies that are a part of the Nifty 200 delivered higher-than-expected earnings for the December quarter. Out of these eight companies, four reported an increase in net profit while four reported a decline. Six reported growth in net sales while two reported a decline. Improved realisations and sustained demand in non-ferrous segments such as aluminium drove the performance of these companies.

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