Shares of Hindalco fell by 6.18%, losing ₹44.35 to trade at ₹672.75 on the NSE at 9:30 AM. The decline is attributed to Constellium’s poor Q3 results, which reported increased demand weakness across several end markets, negatively impacting the sentiment for Hindalco and the broader metals sector.
Stock price details:
- Open: ₹715.00
- High: ₹715.00
- Low: ₹671.10
- Previous Close: ₹717.10
Constellium’s disappointing performance and soft demand outlook have raised concerns about the global aluminum industry’s growth prospects, causing a sharp drop in Hindalco’s stock.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making any investment decisions.
