Hindalco Industries Ltd Share Price – NSE /  BSE

Non Ferrous Metals, Mid Cap

Hindalco Industries announced the successful delivery of 10,000 aluminium battery enclosures for automotive major Mahindra's state-of-the-art e SUVS ? BE 6 and XEV 9e, marking a significant development in India's clean mobility journey. The company also unveiled its state-of-the-art dedicated EV component manufacturing facility in Chakan, Pune?India's premier automotive manufacturing hub. This marks a significant milestone in India's clean mobility journey, with the two companies joining forces to accelerate the electrification of India's automotive industry.

The facility, built with a capital investment of Rs 500 crore and spread across 5 acres within an industrial park, represents Hindalco's foray into EV component manufacturing and is designed to cater to the growing demand for lightweight, crash-resistant battery solutions. The facility is designed to meet the rising demand for lightweight, crash-resistant battery enclosures in the country, reinforcing the company's commitment to innovation and sustainable mobility. It currently has the capacity to produce 80,000 enclosures annually, with plans to scale up to 160,000 units. As of today, over 3,000 Mahindra EVs using these aluminium battery packs are already on Indian roads.

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The company also unveiled its dedicated EV component manufacturing facility in Chakan, Pune.

The facility, built with a capital investment of ₹ 500 crores and spread across 5 acres within an industrial park, represents Hindalco?s foray into EV component manufacturing and is designed to cater to the growing demand for lightweight, crash-resistant battery solutions.

It currently has the capacity to produce 80,000 enclosures annually, with plans to scale up to 160,000 units. As of today, over 3,000 Mahindra EVs using these aluminium battery packs are already on Indian roads.

Satish Pai, managing director, Hindalco Industries, said: ?Our Chakan facility represents a strategic shift in India?s EV ecosystem from import dependence to high performance, localised aluminium solutions.

We are proud to partner with Mahindra in this journey, which not only reflects our commitment to the mobility transition but also highlights Mahindra's leadership in driving the electrification of mobility in India.

Hindalco Industries Limited is the metals flagship company of the Aditya Birla Group. A $26 billion metals powerhouse, Hindalco is the world?s largest aluminium company by revenues, and the world?s second largest Copper rods manufacturer (outside China).

The scrip fell 1.55% to currently trade at Rs 618.70 on the BSE.

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Laurus Labs Ltd, Vedanta Ltd, Hindustan Petroleum Corporation Ltd, Interglobe Aviation Ltd are among the other stocks to see a surge in volumes on BSE today, 04 April 2025.

Hindalco Industries Ltd notched up volume of 11.6 lakh shares by 10:47 IST on BSE, a 7.79 fold spurt over two-week average daily volume of 1.49 lakh shares. The stock slipped 5.72% to Rs.615.40. Volumes stood at 74961 shares in the last session.

Laurus Labs Ltd clocked volume of 1.7 lakh shares by 10:47 IST on BSE, a 3.4 times surge over two-week average daily volume of 50139 shares. The stock lost 6.29% to Rs.581.35. Volumes stood at 92618 shares in the last session.

Vedanta Ltd witnessed volume of 8.76 lakh shares by 10:47 IST on BSE, a 2.83 times surge over two-week average daily volume of 3.09 lakh shares. The stock dropped 6.35% to Rs.411.65. Volumes stood at 4.75 lakh shares in the last session.

Hindustan Petroleum Corporation Ltd recorded volume of 4.42 lakh shares by 10:47 IST on BSE, a 2.67 times surge over two-week average daily volume of 1.65 lakh shares. The stock lost 0.44% to Rs.360.80. Volumes stood at 1.19 lakh shares in the last session.

Interglobe Aviation Ltd witnessed volume of 35210 shares by 10:47 IST on BSE, a 2.66 times surge over two-week average daily volume of 13256 shares. The stock increased 1.87% to Rs.5,097.35. Volumes stood at 6717 shares in the last session.

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Hindalco Industries will hold a meeting of the Board of Directors of the Company on 20 May 2025.

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