Why Hindalco Share Price Crashed Today

Cooling of the Aluminum Prices

Last week, Hindalco surged over 7% because of the rise in the aluminum prices on London Metal Exchange (LME) due to the Qatar smelter shutdown.

Now the prices on the LME have reported to have stabilised.

Novelis Impact

The two major fires that happened in late 2025 disrupted the hot mill in the Oswego Plant in New York. The disruption and the normalisation of the plant caused an exceptional loss for Hindalco in recent quarter. This had a negative impact on the company's earnings.

The new under construction project, Bay-Minette's costs were revised up to US$ 5 bn raising the impact on cashflows.

What Next for Hindalco?

• Oswego plant recovery:

  The focus remains on achieving normalisation in Oswego hot mill following the fire disruptions. The management expects to recover 70-80% of the impact through insurance which can result is a recovery in the cashflows in late 2026.

• Bay Minette expansion:

  The project is in the final stage, with full plant commissioning scheduled for H2 FY27. The facility is important for the company to hit its consolidated EBITDA target of US$ 600/ton.

• India upstream expansion:

  With significant focus on Odisha, Hindalco has committed Rs 550 bn to the state which includes scaling aluminum capacity from 1.3 m to 1.7 m ton and doubling copper smelting capacity to 700 KT to meet its 8-9% domestic growth target.

With these planned expansions and a clear focus on sustainability, Hindalco is setting itself up as a leader in the global metal industry for the future.

How Hindalco Share Price Has Performed Recently

The stock touched its 52-week high of Rs 1029.8 on 29 January 2026 and its 52-week low of Rs 546.45 on 07 April 2025. In the last one month stock has been trading in the range of Rs 880 to 980.

About Hindalco Industries

Hindalco Industries is an Indian aluminium and copper manufacturing company. The company is a subsidiary of the Aditya Birla Group.

Hindalco is the largest aluminium rolling and recycling corporation in the world, as well as a major copper player. It's also one of Asia's top primary aluminium producers.

Building and construction, automotives, packaging, electrical, consumer durables, refractories, and ceramics are some of the industries it serves.

Along with its global subsidiary Novelis Inc., Hindalco has a presence in 12 countries. From bauxite mining to alumina refinement, aluminium smelting, rolling, and extrusions, the company engages in a wide range of operations.

For more details, see the Hindalco company fact sheet and quarterly results.

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Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

Happy investing.