Indian aluminium stocks slide as global metal prices weaken

HindalCo Industries

16/06/2026 05:46

** Shares of Indian metal companies fall after global aluminium prices drop
** Nifty Metal index .NIFTYMET down 1.2% 
** Hindalco Industries HALC.NS falls 3.38% to 979.60 rupees, National Aluminium NALU.NS drops 4.83% to 364.05
** Vedanta Aluminium Metal VEDO.NS slides 5% to 471.11 rupees
** Aluminium prices come under pressure as easing tensions in the Middle East reduce concerns over supply disruptions and energy costs
** Lower energy prices could weigh on aluminium prices, which had benefited from geopolitical uncertainty and higher power costs in recent months
** NIFTYMET up about 14.5% this year vs 8.54% drop in benchmark Nifty 50 index .NSEI 

 (Reporting by Surbhi Misra in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))