Metal sector stocks in India showed mixed movements in early trading on March 30, 2026, amid global developments affecting aluminium supply.
Stock Performance Snapshot (as of ~9:23-9:25 AM IST)
Here are the key metal-related stocks with their prices and percentage changes:
- Hindalco Industries: BSE ₹893.50 (+3.07%), NSE ₹890.60 (+2.76%)
- NALCO (National Aluminium Company): BSE ₹389.05 (+4.88%), NSE ₹389.40 (+4.96%)
- Vedanta: BSE ₹665.55 (+2.46%), NSE ₹667.85 (+2.84%)
- SAIL: BSE ₹149.80 (+2.29%), NSE ₹149.28 (+1.92%)
- Coal India: BSE ₹449.20 (+0.91%), NSE ₹450.90 (+1.31%)
- Hindustan Zinc: BSE ₹514.25 (+0.93%), NSE ₹514.00 (+0.84%)
- NMDC: BSE ₹77.88 (+0.84%), NSE ₹77.87 (+0.87%)
- MOIL: BSE ₹276.25 (+0.40%), NSE ₹276.50 (+0.40%)
- Welspun Corp: BSE ₹821.00 (+0.40%), NSE ₹822.40 (+0.62%)
Declines were seen in:
- Maithan Alloys: BSE ₹857.65 (-2.26%), NSE ₹860.90 (-2.01%)
- Apollo Tubes: BSE ₹1,959.55 (-1.32%), NSE ₹1,962.30 (-1.20%)
- Tata Steel: BSE ₹190.70 (-1.32%), NSE ₹190.86 (-1.22%)
- Jain Resource Recycling: BSE ₹458.00 (-1.18%), NSE ₹460.00 (-0.85%)
- JSW Steel: BSE ₹1,128.90 (-0.18%), NSE ₹1,127.40 (-0.26%)
- Jindal Steel & Power: BSE ₹1,130.25 (-0.04%), NSE ₹1,123.40 (-0.71%)
Broader market indices were lower:
- Nifty 50: 22,529.30 (-1.27%)
- BSE Sensex: 72,604.57 (-1.33%)
(Data as of March 30, 2026, early morning trading on BSE and NSE.)
Reason for Movement
The movements follow reports of Iranian attacks on March 28, 2026, targeting aluminum production facilities in the Middle East.
Emirates Global Aluminium (EGA), the region’s top producer, reported “significant damage” at its Al Taweelah site in Abu Dhabi’s Khalifa Economic Zone. A number of employees were injured, though none were life-threatening. Aluminium Bahrain (Alba) stated it was assessing damage at its facility and confirmed two employees sustained minor injuries.
These sites are part of an important aluminum-producing region. The attacks add to existing supply concerns from the ongoing Middle East conflict, which has already affected shipments through the Strait of Hormuz. Aluminum is used in industries including automotive, aerospace, solar panels, and electrical applications.
On the London Metal Exchange (LME), aluminum prices rose in early trading on March 30, 2026, reflecting supply disruption worries. Earlier data showed LME aluminum trading around $3,275–$3,500 per ton in the days leading up to this.
Indian companies such as Hindalco and NALCO, which have aluminum operations, saw gains in early trade, while steel stocks like JSW Steel, Tata Steel, and Jindal Steel & Power remained mixed or slightly lower.