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Nalco’s growth streak hits speed bump on price slide, project delay fears

National Aluminium Company Ltd (Nalco) delivered a knockout performance in FY25, but the metals major now finds itself staring at storm clouds in FY26 as aluminium prices soften and project delays weigh on future capacity. Nalco reported consolidated Ebitda (earnings before interest, taxes, depreciation, and amortization) of ₹2,755 crore in Q4FY25, a 150% year-on-year rise,…

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Ola’s battery cell ambition has run into a bump

Ola Electric Mobility Ltd was betting on its gigafactory to shun dependence on Chinese cells for its batteries. But the company’s capacity expansion is already behind schedule, exposing it to risks of higher costs, loss of government incentives and even technology going obsolete. Ola Cell Technologies Private Ltd (OCT), a wholly owned subsidiary of Ola…

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