Hindalco Industries share price gains 3.02% to ₹911.40 on November 2

Key Takeaways

• Hindalco ended at ₹911.40, up 3.02%, after opening around the session low of ₹885 and finishing effectively at the displayed high of ₹911.
• The close remained below the 50-day, 100-day and 200-day DMAs of ₹941.70, ₹963.10 and ₹946.50.
• One-year return stayed positive at 7.50%, contrasting with a six-month decline of 12.20%.

Hindalco Industries share price closed November 2 at ₹911.40, gaining 3.02% from the previous close of approximately ₹885. The stock opened at ₹885, which was also the displayed low, and advanced to a rounded session high of ₹911. The final price carried slightly greater precision at ₹911.40. Volume stood at 3,505,792 shares.

The session's high-to-low range was about ₹26. With the stock beginning at the lower edge of that range and finishing at the upper edge, the open-to-close movement accounted for most of the day's advance.

Hindalco remained below all three of its displayed moving averages. The 50-day DMA was ₹941.70, or ₹30.30 above the closing price. The 100-day DMA stood at ₹963.10, leaving the stock ₹51.70 lower. The 200-day DMA was ₹946.50, which sat ₹35.10 above the final price.

The 52-week range extended from ₹770 to ₹1,176. At ₹911.40, the share was ₹141.40 above the annual low and ₹264.60 below the annual high. The latest price therefore remained closer to the bottom of its yearly band than the top.

Returns varied significantly by horizon. One-month performance was -3.23%, while the three-month return stood at -6.47%. Six months showed a larger decline of -12.20%. The one-year figure, however, remained positive at 7.50%. That annual gain contrasted with negative readings across each of the shorter periods.

November 2 produced a clear positive daily move, with Hindalco advancing from its opening level to close at the top of the displayed session range. The stock nevertheless remained below the three major moving averages.