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Aditya Birla proposes ₹12,000 crore alumina investment in Odisha

pre-market1 source ↓written by the desknot a recommendation

investment in alumina
₹12,000 crore
increase capacity
1 million tonnes per annum

Kumar Mangalam Birla, Chairman of Aditya Birla Group, met Odisha CM Mohan Charan Majhi to discuss a ₹12,000 crore investment in alumina capex plans. The proposal includes expanding the greenfield alumina refinery project in Rayagada, which aims to increase capacity from 1 million tonnes per annum. This investment could enhance the Group's operational footprint in Odisha.

• Investment of ₹12,000 crore

• Expansion of alumina refinery in Rayagada

• Initial capacity of 1 million tonnes per annum

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 12 Jul 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HINDALCO closed −0.1% on the day of the news, from ₹967.45 to ₹966.85; Nifty 0.0% over the same session; futures OI +1.3%.

Bulletin at 07:03 IST on 12 Jul 2026. Every change is measured from ₹967.45, the last close before it, on 10 Jul. 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 it876.12967.451059axis spans 21%before the news · 10 Jul967.45Nifty 50HINDALCObulletinD0+1+3+56 Jul16 Jul27 JulFutures open interest, lotspeak 88,000Reference close ₹967.45. 16 sessions from 6 Jul to 27 Jul; 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 %
Before10 Jul₹967.45basebase
On the day13 Jul₹966.85▼ −0.1%0.0%−0.1 pp difference
+1 session14 Jul₹974.30▲ +0.7%▼ −0.6%+1.4 pp difference
+3 sessions16 Jul₹959.30▼ −0.8%▼ −0.6%−0.3 pp difference
+5 sessions20 Jul₹947.80▼ −2.0%▲ +0.1%−2.2 pp difference
Gap at the open, % · ₹
▼ −0.5%−4.35 on 13 Jul
Day's range, % · ₹
1.6%≈ 15 high to low
Volume on the day
0.59×the 20-session average
Futures OI on the day
▲ +1.3%+990 lots · short build-up · price −0.1%
Futures OI open, lots
76,00013 Jul · 28 Jul expiry
Futures premium, ₹
+4.05+0.4% to spot
Puts per call, by OI
0.54from 0.55 the session before
Max pain
970from 970 the session before

Source NSE UDiFF bhavcopy · HINDALCO on the desk →

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