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Why Metal Stocks Are Tumbling: Lloyds Metals, SAIL, HZL, Nalco Drop Up to 18%

  • By admin
  • April 7, 2025
  • 35 Views

Here’s the summary in bullet points with emojis:

  • Nifty Metal Index dropped 8.60%, hitting a fresh 52-week low of 7,690.20 📉
    • Previous 52-week low: 7,935.35 (January 13, 2025) 📅
  • 5 stocks hit fresh 52-week lows:
    • Hindustan Copper 🔻
    • Nalco 🔻
    • Hindalco 🔻
    • JSL 🔻
    • NMDC 🔻
  • Top losers:
    • Lloyds Metals: Down 18.13% to Rs 1,015 🏭
    • Welspun Corp: Down 17.82% to Rs 664.30 🧵
    • Tata Steel: Down 10% to Rs 126.35 ⚒️
    • Hindustan Copper: Down 10% to Rs 183.82 🪙
    • Nalco: Down 9.32% to Rs 143 🏗️
  • Other major stock declines:
    • Vedanta: Down 9.57% to Rs 363 ⛏️
    • SAIL: Down 10% to Rs 101.34 🏭
    • Jindal Steel: Down 8.82% to Rs 775.10 🏗️
    • Hindustan Zinc: Down 8.99% to Rs 388.55 🔧
    • Hindalco: Down 8.91% to Rs 546.45 🏭
    • JSL: Down 9.98% to Rs 496.60 🛠️
    • JSW Steel: Down 9.99% to Rs 905.20 🏗️
    • NMDC: Down 8.24% to Rs 59.66 ⛏️
    • APL Apollo: Down 7.84% to Rs 1,399.95 🏗️
  • Key factors:
    • Trump tariffs 💼
    • China’s stimulus plans 🏯
    • Weighing on investor sentiment 💰

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