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Hindalco Q2 review shows strong domestic performance amid Novelis challenges

after close1 source ↓written by the desknot a recommendation

supported by cost-saving
$507
over FY27-FY28
$125 million - $330 million

Hindalco reported strong domestic execution, prompting Systematix to revise FY27 EBITDA estimates up by 8%. However, persistent challenges at Novelis keep the risk-reward profile balanced. The brokerage anticipates Novelis's EBITDA per tonne to recover to $507 supported by cost-saving targets of $125 million - $330 million over FY27-FY28.

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 10 Nov 2025, 16:06 IST.

Sourcesnews.google.com

The market after the news

HINDALCO closed +1.1% on the day of the news, from ₹785.20 to ₹793.75; Nifty +0.5% over the same session; futures OI +1.5%.

Bulletin at 16:06 IST on 10 Nov 2025. Every change is measured from ₹785.20, the last close before it, on 10 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 it711.08785.20859.32axis spans 21%before the news · 10 Nov785.20Nifty 50HINDALCObulletinD0+1+3+53 Nov14 Nov25 NovFutures open interest, lotspeak 1.2 LReference close ₹785.20. 16 sessions from 3 Nov to 25 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 %
Before10 Nov₹785.20basebase
On the day11 Nov₹793.75▲ +1.1%▲ +0.5%+0.6 pp difference
+1 session12 Nov₹794.40▲ +1.2%▲ +1.2%0.0 pp difference
+3 sessions14 Nov₹803.65▲ +2.4%▲ +1.3%+1.0 pp difference
+5 sessions18 Nov₹797.15▲ +1.5%▲ +1.3%+0.2 pp difference
Gap at the open, % · ₹
▲ +0.7%+5.57 on 11 Nov
Day's range, % · ₹
2.1%≈ 17 high to low
Volume on the day
0.74×the 20-session average
Futures OI on the day
▲ +1.5%+1,700 lots · long build-up · price +1.1%
Futures OI open, lots
1.2 L11 Nov · 25 Nov expiry
Futures premium, ₹
+3.70+0.5% to spot
Puts per call, by OI
0.62from 0.61 the session before
Max pain
800from 800 the session before

Source NSE UDiFF bhavcopy · HINDALCO on the desk →

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