Hindalco Industries Ltd shares are up 3.1% in today’s trading session, moving toward Rs 924.90 compared to the previous level of Rs 894.95. The rally reflects investor optimism around the company’s strong fundamentals, global aluminum demand recovery, and its inclusion in top brokerage picks for 2026.
Hindalco Industries Ltd, India’s leading aluminum and copper producer, is witnessing a sharp rise in its stock price, gaining 3.1% in intraday trade. The surge comes amid renewed investor confidence in metals and commodities, supported by expectations of global demand recovery and strong domestic infrastructure spending. Analysts highlight Hindalco’s diversified portfolio, steady earnings, and strategic expansions as key drivers of investor interest.
Key highlights from the announcement include
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Hindalco shares are trading around Rs 924.90, up 3.1% from the previous level of Rs 894.95.
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The company’s market capitalization is moving past Rs 2 trillion.
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Brokerages such as Axis Securities have included Hindalco in their top picks for 2026, citing up to 20% upside potential.
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Global aluminum demand recovery and stable copper prices are expected to support earnings growth.
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Hindalco continues to benefit from Novelis’ strong performance in the U.S. and Europe.
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The company’s fundamentals remain solid, with a P/E ratio of 12.9 compared to the industry average of 15.2.
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Analysts note that Hindalco’s focus on sustainability and recycling initiatives adds long-term value.
The rally underscores Hindalco’s resilience and investor confidence in its growth trajectory. With strong fundamentals, global exposure, and supportive macroeconomic trends, Hindalco is expected to remain a key driver in India’s metals sector and a favored stock among institutional investors.
Sources: NSE Data, Financial Express, Sharekhan