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Hindalco shares drop after Novelis results lead to downgrades

pre-market1 source ↓written by the desknot a recommendation

Net sales rose
10%
$4.7 billion
EBITDA fell
$422 million
last year
$462 million

Shares of Hindalco Industries will be in focus following Novelis' weak results. Net sales rose 10% to $4.7 billion, but EBITDA fell to $422 million, down from $462 million last year. The results prompted multiple downgrades and price target cuts, impacting trader sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Nov 2025, 07:08 IST.

Sourcesnews.google.com

The market after the news

HINDALCO closed −5.2% on the day of the news, from ₹831.40 to ₹788.40; Nifty −0.3% over the same session; futures OI +17.8%.

Bulletin at 07:08 IST on 6 Nov 2025. Every change is measured from ₹831.40, the last close before it, on 4 Nov. Nifty 50 is measured over the same sessions.

  • HINDALCO close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HINDALCO closes around the bulletin against the close before the news, with Nifty 50 rebased to it752.92831.40909.88axis spans 21%before the news · 4 Nov831.40Nifty 50HINDALCObulletinD0+1+3+529 Oct11 Nov20 NovFutures open interest, lotspeak 1.2 LReference close ₹831.40. 16 sessions from 29 Oct to 20 Nov; the price axis spans 21 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before4 Nov₹831.40basebase
On the day6 Nov₹788.40▼ −5.2%▼ −0.3%−4.8 pp difference
+1 session7 Nov₹790.40▼ −4.9%▼ −0.4%−4.5 pp difference
+3 sessions11 Nov₹793.75▼ −4.5%▲ +0.4%−4.9 pp difference
+5 sessions13 Nov₹811.95▼ −2.3%▲ +1.1%−3.4 pp difference
Gap at the open, % · ₹
▼ −5.2%−43.40 on 6 Nov
Day's range, % · ₹
3.0%≈ 25 high to low
Volume on the day
6.34×the 20-session average
Futures OI on the day
▲ +17.8%+16,000 lots · short build-up · price −5.2%
Futures OI open, lots
1.1 L6 Nov · 25 Nov expiry
Futures premium, ₹
+3.15+0.4% to spot
Puts per call, by OI
0.74from 1.05 the session before
Max pain
800from 840 the session before

Source NSE UDiFF bhavcopy · HINDALCO on the desk →

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