Hindalco gains more than 3% on announcement to invest Rs 4,000 crore in copper, e-waste recycling facilities
A significant portion of the investment, approximately Rs 2,000 crore, is earmarked for the creation of a cutting-edge extrusion facility. This facility will be dedicated to the production of freight wagons and coaches for the Vande Bharat trains.
The company has managed to generate returns of over 11 per cent last year.