Hindalco stock falls 2.21 percent as technical rating shifts

Published on 10/08/2026 at 09:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hindalco stock was INR 890.70 at 1:25 p.m. IST on October 8, 2026, down 2.21 percent. Q1 FY27 profit rose 75.1 percent year over year.

Hindalco, INE038A01020, Illustration mit AI erstellt.

Hindalco stock was INR 890.70 on the NSE at 1:25 p.m. IST on October 8, 2026, down 2.21 percent from the prior close of INR 910.85. The move followed a technical-rating shift from Strong Buy to Buy, giving investors a fresh signal ahead of the next quarterly checkpoint.

Technical rating shifts lower

According to MarketsMOJO on October 8, 2026, its Mojo Score stood at 70.0 and the rating moved from Strong Buy on October 7 to Buy. The report linked the change to sideways momentum and weaker weekly technical indicators.

The same session showed a trading range of INR 886.50 to INR 910.85, while the 52-week range extended from INR 754.45 to INR 1,176. Hindalco therefore remained 24.25 percent below its yearly high, a concrete measure of how far the stock had moved from its peak.

Q1 profit provides a counterweight

The latest reported quarter offers a stronger fundamental reference. Nivata Wealth reported that Q1 FY27 consolidated revenue reached INR 848.25 billion, up 32.1 percent year over year, while profit after tax rose 75.1 percent to INR 70.13 billion. Consolidated EBITDA increased 72.8 percent to INR 149.89 billion.

The comparison matters because the earnings improvement was broader than a single revenue increase. Business-segment EBITDA climbed 58 percent year over year to INR 134.81 billion, while India upstream aluminum EBITDA reached INR 73.90 billion, up 81 percent, according to the same Q1 FY27 results coverage from Nivata Wealth.

November results set the next test

Hindalco also ended the proposed USD 125 million AluChem acquisition after extended closing delays. Sahi Markets reported on October 2, 2026, that the specialty alumina strategy remained in place while the transaction was terminated.

The next scheduled result date is November 6, 2026. MoneyWorks4Me reported that Hindalco's board will consider unaudited standalone and consolidated results for the quarter ending September 30, 2026.

Stock remains below its yearly high

At INR 890.70 on October 8, 2026, Hindalco's market capitalization was INR 2,001.6 billion and trading volume stood at 2,277,974 shares. The combination of a 2.21 percent intraday decline and a 75.1 percent Q1 FY27 profit increase leaves the November report as the next measurable test for the stock.