By : 5paisa 26 August 2024
Adani Enterprises is trading at a CMP of ₹3,073 with a ROE of 9.73%, and is diversifying its business into lithium-ion battery manufacturing.
With a CMP of ₹1,526 and an ROE of 14%, Amara Raja Energy & Mobility is expanding from its automotive battery roots into lithium-ion solutions.
Vedanta is currently trading at ₹454 with an ROE of 10.5%, and is leveraging its mining expertise to enter the lithium extraction market.
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With a CMP of ₹223 and an ROE of 23.9%, NMDC is expanding its mineral portfolio to include lithium.
NALCO is currently trading at ₹176 with an ROE of 12.7%, is exploring lithium resources and forming strategic partnerships.
With a CMP of ₹370 and an ROE of 10.4%, GMDC is investigating lithium exploration to diversify its mineral resources portfolio.
Hindustan Zinc is trading at ₹526 with an ROE of 55.2%, and is exploring lithium-ion battery opportunities to diversify its operations.
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