Hindalco Industries Limited shares rose by 1.99 percent to close at ₹840.85 on Monday, reaching a new 52-week high of ₹845.10 during intraday trading on the National Stock Exchange. The stock’s previous closing price was ₹824.45, with the day’s trading fluctuating between ₹827.00 and ₹845.10.
This increase in stock value coincided with the formalization of Hindalco’s acquisition strategy, as the company entered into a Share Purchase Agreement with Essel Mining & Industries Limited and its fully-owned subsidiary, EMIL Mines and Mineral Resources Limited, on October 24, 2025.
The agreement stipulates that Hindalco will acquire 100 percent of the shareholding in EMMRL, which is anticipated to become a wholly-owned subsidiary upon the transaction’s completion. The deal is expected to close on or before November 30, 2025, contingent on the fulfillment of specific conditions outlined in the agreement. Hindalco had first announced its plans to acquire EMMRL in May 2025, with all terms remaining consistent with earlier disclosures.
Trading activity was significant, with 73.08 lakh shares exchanged, amounting to a traded value of ₹611.38 crore. Deliverable quantity accounted for 46.71 percent of the total traded volume, reflecting moderate investor confidence. The company’s market capitalization reached ₹1,88,958.04 crore, with a free float market cap of ₹1,21,445.41 crore.
In a separate development, Hindalco is also managing its acquisition of the AluChem Companies in the United States. However, progress is currently hindered by delays due to the ongoing federal government shutdown, which is affecting the CFIUS review process.
Published on October 27, 2025.
