India's Hindalco Industries tops Nifty 50 as aluminium prices rise

HindalCo Industries

05/03/2026 05:36

** Shares of Hindalco Industries Ltd HALC.NS rise 6.5% to 982 rupees

** HALC set for best day since April 11, 2025

** HALC tops benchmark Nifty 50 index .NSEI, which is up 0.7% on the day

** Brokerage HSBC says higher LME aluminium positive for HALC

** Aluminium prices gain on growing concerns about supply from the war-torn Middle East MET/L

** HALC rated "hold" on avg by 28 analysts, with median PT at 913 rupees - data compiled by LSEG

** YTD, HALC up 10%

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))