NSE: HINDALCO · 6 November 2026
- HINDALCO INDUSTRIES LTD shares advanced 2.19% on Thursday, closing at ₹958.40 after moving between an intraday low of ₹891.45 and a high of ₹958.40.
- Subsidiary Novelis Inc. reported net sales of $5.9 billion for the second quarter of fiscal year 2027, up 25% year-on-year, driven by higher average aluminum prices despite a 2% dip in rolled product shipments to 919 kilotonnes. Adjusted EBITDA grew 20% to $508 million, supported by Oswego plant normalization, cost discipline, and insurance recoveries.
- Trading volume was 3.29 times the 20-day average daily volume.
Why is Hindalco Industries share price rising on 6 November 2026?
HINDALCO INDUSTRIES LTD shares advanced 2.19% on Thursday, closing at ₹958.40 after moving between an intraday low of ₹891.45 and a high of ₹958.40.
The broader market demonstrated positive momentum, with the benchmark Nifty rising 2.01% and the Nifty Metal sector index gaining 0.66%. Hindalco's outperformance relative to its sector reflects robust buying interest, supported by a 5-day return of 8.33% and a 20-day return of 7.67%.
The positive sentiment aligns with the company's release of its financial results for the quarter ended September 30, 2026, where it reported record consolidated quarterly revenue of ₹91,708 crore and a net profit of ₹7,533 crore.
1.34 crore shares traded by 6 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 40.62 lakh shares (3.29 times). The five-day average daily volume was 43.09 lakh shares. Separately, the NSE report for 6 November 2026 showed 41.59 lakh shares delivered, representing 31.10% of that day’s traded volume. The same report recorded 185,947 trades.
The stock's 2.19% gain is supported by the release of record Q2 FY27 financial results showing a 59% jump in net profit, alongside volume running at 3.29 times its 20-day average.
Latest Company Developments
Subsidiary Novelis Inc. reported net sales of $5.9 billion for the second quarter of fiscal year 2027, up 25% year-on-year, driven by higher average aluminum prices despite a 2% dip in rolled product shipments to 919 kilotonnes. Adjusted EBITDA grew 20% to $508 million, supported by Oswego plant normalization, cost discipline, and insurance recoveries.
Novelis's steady operational recovery and stable margins contribute significantly to Hindalco's consolidated profitability and global footprint.
a press release dated November 05, 2026, titled "Novelis Reports Second Quarter Fiscal Year 2027 Results".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 10.94% on 30 September 2026. This compares with 10.05% on 30 June 2026, a change of +0.89 percentage points.
The filing reported 53 MF/UTI holders.
Research & Brokerage Views
CLSA maintains an 'Outperform' rating on Hindalco, projecting strong multi-year EBITDA expansion.
ICICI Securities maintains a 'Buy' rating with a target price of ₹1,170 following solid quarterly performance metrics.
Kotak Securities upgraded Hindalco to 'Buy' on expectations of a robust operational comeback.
Historical Bulk / Block Deals
What to Watch Next
- Execution and commercial shipment timelines for the Bay Minette rolling and recycling plant
- Ramp-up progress across downstream expansion projects including copper tubes and battery foils
- Sustained delivery volume relative to the 20-day average volume benchmark
- Global LME aluminum and copper price movements affecting upstream margins
Other Dated Coverage
- Hindalco Industries Share Price Today: Why HINDALCO Is Falling 1.78% | 23 October 2026 — 23 October 2026
- Hindalco Industries Share Price Today: Why HINDALCO Is Falling 0.72% | 22 October 2026 — 22 October 2026
- Hindalco Industries Share Price Today: Why HINDALCO Is Falling 2.76% | 7 October 2026 — 7 October 2026
More Hindalco Industries news and dated analysis →
Frequently Asked Questions
What is the latest Hindalco Industries company news?
Subsidiary Novelis Inc. reported net sales of $5.9 billion for the second quarter of fiscal year 2027, up 25% year-on-year, driven by higher average aluminum prices despite a 2% dip in rolled product shipments to 919 kilotonnes. Adjusted EBITDA grew 20% to $508 million, supported by Oswego plant normalization, cost discipline, and insurance recoveries.
How strong was Hindalco Industries’s trading volume?
1.34 crore shares traded, 3.29 times the 20-day average daily volume. The price and volume data are dated 6 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.