Introduction
Leading aluminium producer announces a ₹21,000-crore smelter expansion and a 1.7 lakh-tonne battery foil facility in Odisha, expected to generate over 15,000 jobs and reduce imports.
Also Read: Coforge gains 3% after partnering with Innovaccer to accelerate AI adoption in healthcare
Share price movement of Hindalco
On January 28, 2026, Hindalco Industries Ltd opened at ₹971.60, up 1.01% from its previous close of ₹962.00. The stock reached a high of ₹1,007.90 (4.77%) and a low of ₹963.65. By 2:45 PM, it traded at ₹998.35, a 3.78% increase, with a market cap of ₹2,24,351.86 crore.
Hindalco Expands Aluminium Operations
Hindalco Industries Ltd announced a ₹21,000-crore smelter expansion at its Aditya Aluminium complex in Sambalpur, Odisha. It also commissioned a 1.7 lakh-tonne-per-annum FRP and battery-grade aluminium foil facility.
The battery foil facility, India’s first, supports up to 100 GWh of lithium-ion cell manufacturing. The FRP expansion will halve India’s flat-rolled aluminium import dependence and boost domestic high-grade aluminium production.
These projects form part of Hindalco’s ₹37,000-crore growth capex in Odisha. They are expected to generate over 15,000 jobs. The smelter will use some round-the-clock renewable energy for operations.
Stock performance of Hindalco for Period of 1 week, 6 months, and 1 year
The stock delivered a 2.41% return over the past week, gained 43.0% in the past 6 months, and rose 67.6% over the past 1 year.
Also Read: Airfloa Rail zooms 4% after signing MoU with Janatics for automatic train doors
Shareholding pattern of Hindalco
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 34.60% | 34.60% | 34.60% |
| FII | 28% | 28.10% | 28% |
| DII | 27.70% | 28.40% | 29.10% |
| Public | 9.00% | 8.30% | 8.20% |
| Others | 0.50% | 0.50% | 0.50% |
About Hindalco
Hindalco Industries Ltd (NSE: HINDALCO) is a $29 billion metals leader, largest global aluminium producer, second-largest copper rod manufacturer, operating across mining, smelting, and downstream products.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Hindalco Industries Ltd share price rising today?
A: Hindalco Industries Ltd share price rises after announcing ₹21,000-crore smelter expansion and battery foil facility in Odisha.
Q: What is Hindalco Industries Ltd’s main business focus?
A: Hindalco Industries Ltd focuses on aluminium and copper production, mining, smelting, refining, and downstream products including foils and extrusions.
Q: What is the 52-week high and low of Hindalco Industries Ltd stock?
A: Hindalco Industries Ltd stock’s 52-week high is ₹1,007.90 and 52-week low is ₹546.25.
