Hindalco Industries Shows Strong Short-Term Gains Amid Mixed Long-Term Performance

Hindalco Industries, a prominent player in the Aluminium & Aluminium Products sector, has shown notable activity today, outperforming its sector by 0.53%. The stock has been on a positive trajectory, gaining for the last two days with a total return of 1.77% during this period. Today, it opened at Rs 630.8 and has maintained this price throughout the trading session.
In terms of financial metrics, Hindalco Industries boasts a market capitalization of Rs 1,41,350.55 crore, categorizing it as a large-cap company. The stock's price-to-earnings (P/E) ratio stands at 9.73, slightly above the industry average of 9.40.

When examining its performance over various time frames, Hindalco has experienced a year-to-date increase of 4.54%, outperforming the Sensex, which has risen by 2.39%. However, its one-year performance shows a decline of 1.15%, contrasting with the Sensex's gain of 8.33%. Over the past five years, Hindalco has delivered an impressive return of 506.85%, significantly outpacing the Sensex's 155.39% during the same period.