Hindalco Industries Ltd Share Price – NSE /  BSE

Non Ferrous Metals, Mid Cap

Novelis stated that the current period’s net income includes $61 million in charges associated with the production interruptions at Sierre, as well as higher restructuring and impairment expense and lower operating performance, partially offset by a favorable change in metal price lag and unrealized derivatives year-over-year.

Net sales for the second quarter of fiscal year 2025 increased 5% versus the prior year period to $4.3 billion, mainly driven by higher average aluminum prices and a 1% increase in total flat rolled product shipments to 945 kilotonnes.

Adjusted EBITDA decreased 5% versus the prior year to $462 million in the second quarter of fiscal year 2025, primarily driven by less favorable metal benefit due to a relatively rapid increase in aluminum scrap prices, unfavorable product mix, and a $25 million impact at Sierre as a result of the flood. These factors were partially offset by higher beverage packaging shipments.

Adjusted EBITDA per tonne was down 6% year-over-year to $489.

Net cash flow provided by operating activities was $374 million in the first six months of fiscal year 2025 compared to $290 million in the prior fiscal year period, primarily due to favorable changes in working capital.

Novelis is a subsidiary of Hindalco Industries.

Hindalco Industries is an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai.

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Hindalco Industries Ltd fell 5.73% today to trade at Rs 667.65. The BSE Metal index is down 0.6% to quote at 31935.59. The index is down 3.62 % over last one month. Among the other constituents of the index, National Aluminium Company Ltd decreased 1.84% and Vedanta Ltd lost 0.79% on the day. The BSE Metal index went up 39.83 % over last one year compared to the 23.55% surge in benchmark SENSEX.

Hindalco Industries Ltd has lost 7.59% over last one month compared to 3.62% fall in BSE Metal index and 1.66% drop in the SENSEX. On the BSE, 81330 shares were traded in the counter so far compared with average daily volumes of 1.74 lakh shares in the past one month. The stock hit a record high of Rs 772 on 03 Oct 2024. The stock hit a 52-week low of Rs 478.5 on 08 Nov 2023.

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Hindalco Industries Ltd lost 4.79% today to trade at Rs 683.05. The BSE Metal index is down 0.83% to quote at 31352.21. The index is down 5.21 % over last one month. Among the other constituents of the index, NMDC Ltd decreased 1.24% and APL Apollo Tubes Ltd lost 0.62% on the day. The BSE Metal index went up 39.59 % over last one year compared to the 25.22% surge in benchmark SENSEX.

Hindalco Industries Ltd has lost 4.86% over last one month compared to 5.21% fall in BSE Metal index and 5.55% drop in the SENSEX. On the BSE, 45141 shares were traded in the counter so far compared with average daily volumes of 1.59 lakh shares in the past one month. The stock hit a record high of Rs 772 on 03 Oct 2024. The stock hit a 52-week low of Rs 448.65 on 26 Oct 2023.

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Hindalco Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 752.5, up 2.41% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 24854.1. The Sensex is at 81254.32, up 0.31%. Hindalco Industries Ltd has gained around 9.98% in last one month.

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 5.49% in last one month and is currently quoting at 9603.3, up 1.62% on the day. The volume in the stock stood at 30.98 lakh shares today, compared to the daily average of 64.16 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 755.5, up 2.68% on the day. Hindalco Industries Ltd is up 56.79% in last one year as compared to a 26.65% gain in NIFTY and a 43.44% gain in the Nifty Metal index.

The PE of the stock is 36.33 based on TTM earnings ending June 24.

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