| This was one of the most volatile counters with a trading volume of 92.5 lakh shares against an average of 17.67 lakh shares in Aditya Birla Minerals - an Australian subsidiary of Hindalco opened at Australian $ 3.66 on Friday, against an issue price of Australian $1.95 each. |
| Aditya Birla Minerals owns and operates the Nifty mine in the Pilbara region in Western Australia and the Mt. Gordon mine in Queensland. It is set to become Australia's fourth-biggest copper producer, according to a company statement. |
| Hindalco last week, announced plans to set up a 3.2 lakh tonne aluminium smelter in Sidhi district of Madhya Pradesh (MP) at an estimated Rs 7,700 crore. Concurrent to the alumina expansion, Hindalco is also augmenting its smelter and captive power generation capacity at Hirakud. |
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