Why Is Hindalco Share Price Rising Today? Aditya Birla Stock Continues to Rise After 7% Weekly Jump

Hindalco Share Price Today: Shares of Hindalco Industries Limited continued to rally after seeing a sharp jump in the last two weeks. The fresh buying in the aluminium stock has come after brokerage JPMorgan's upgrade. Hindalco's stock rally has also come as part of a wider bullish sentiment prevailing across the metal stocks.

Hindalco share price was trading 2.52% higher at Rs 950.8 per share on BSE with a market capitalisation of Rs 2,13,666.30 crore at 12:37 am. The stock had touched an intraday high of Rs 964.75 per share and an intraday low of Rs 933.35 per share.

Why Is Hindalco Share Price Rising Today?

Hindalco share price rally coincides with positive movement in Nifty Metal. Nifty Metal was up around 0.6% during the intraday trading session. Vedanta Limited, Welcorp, National Aluminium Company, Jindal Steel, Hindustan Zinc were among the top Nifty performer during Tuesday's intraday trading session as overall sentiment around aluminium production turned bullish.

Brokerage JPMorgan revised its stance on Hindalco share price from 'neutral' to 'positive' amid rising aluminium prices. The brokerage has revised its target price for Hindalco to Rs 1,125 from Rs 875 per share, as per the NDTV Profit report.

While maintaining that Hindalco may see muted quarter-on-quarter growth in the fourth quarter of the financial year 2025-26, JPMorgan maintains that the Aditya Birla Group firm may see a revival in revenue and production in the coming quarters.

Factors like strong balance sheet, favourable LME, company's strategic expansion
and favourable LME, paint a robust domestic outlook, noted Motilal Oswal in its report released last week.

"We remain structurally positive on HNDL, considering favorable LME, its strategic expansion aligned with a robust domestic outlook, and a strong balance sheet, which provides steady growth visibility and capital efficiency in the long run. However, muted near-term earnings visibility from Novelis due to Oswego fire could remain a key overhang on the overall performance," stated the brokerage in its report.

Hindalco Share Price Trend

Hindalco shares opened higher on Tuesday. The stock had touched a 52-week high mark of Rs 1029.6 per share on BSE on January 29. Whereas, the metal stock dipped o its 52-week low mark of Rs 546.25 per share on April 7, 2025. The stock has a return on equity (ROE) of 12.79%. The stock has delivered 7.5% returns in one week and around 11.32% return in two weeks. Hindalco's share price value has jumped 69% in one year.

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