Hindalco Industries share price falls 2.32% to ₹958.70 on September 15

Key Takeaways

• Hindalco Industries declined ₹22.80 or 2.32% to ₹958.70 after opening at ₹980 and ending effectively at the bottom of its displayed range. 
• The closing price was only ₹3.40 above the 200-day DMA of ₹955.30, although the 50-day DMA remained ₹55 higher. 
• One-year return stood at 26.47%, despite negative one-month and three-month readings of -6.88% and -6.16%. 

Hindalco Industries share price closed September 15 at ₹958.70, falling ₹22.80 or 2.32% from the previous close of ₹982. It opened at ₹980, reached ₹981 and recorded a rounded session low of ₹959. The final quote was ₹0.30 below that rounded low because the source displayed the primary price with greater precision. 

The stated high-low range measured ₹22. From the ₹980 opening price, Hindalco lost ₹21.30 by the close. It finished ₹22.30 below the rounded high. Volume reached 2,341,529 shares, and market capitalisation stood at ₹2,15,442 crore. 

The 200-day DMA was particularly close to the final price. It stood at ₹955.30, only ₹3.40 beneath the September 15 close. The 100-day DMA was higher at ₹1,001.70, leaving a ₹43 difference. Hindalco's 50-day DMA stood at ₹1,013.70, or ₹55 above the closing price. The stock therefore ended below the two shorter moving averages but remained marginally above the longest one. 

Its 52-week band ran from ₹732 to ₹1,176. At ₹958.70, the share was ₹226.70 above the annual low and ₹217.30 below the high. Those two distances differed by less than ₹10, placing the closing value close to the middle of the annual range in absolute rupee terms. 

Performance varied materially by period. One month stood at -6.88% and three months at -6.16%. The six-month return was positive at 5.35%, while one year reached 26.47%. The difference between six months and one year was 21.12 percentage points. September 15 itself produced a 2.32% decline, with the stock closing near its session low and only a few rupees above the 200-day DMA.