Why Are Metal Stocks Falling?

Name: Why Are Metal Stocks Falling?
Uploaded: 2024-01-01T00:00:00+00:00
Duration: 3 min
Description: Published On: August 14, 2024 - In a major setback for mining operators, the Supreme Court on Wednesday allowed states to collect past dues on royalty on mineral-bearing land from centre and mining companies from April 1, 2005 onwards. In the aftermath, the market reacted swiftly, with shares of mining giants like Tata Steel, JSW Steel, NMDC, MOIL, Vedanta, Hindalco, and Coal India taking a hit.

2024 • 3min • News • Business

Informative

Published On: August 14, 2024 - In a major setback for mining operators, the Supreme Court on Wednesday allowed states to collect past dues on royalty on mineral-bearing land from centre and mining companies from April 1, 2005 onwards. In the aftermath, the market reacted swiftly, with shares of mining giants like Tata Steel, JSW Steel, NMDC, MOIL, Vedanta, Hindalco, and Coal India taking a hit.