Hindalco Industries share price ends at ₹980.50; gains 0.80% on September 17

Key Takeaways

• Hindalco Industries gained ₹7.80 or 0.80% to finish at ₹980.50 after a ₹16 intraday trading range.
• The close remained below the 50-day and 100-day DMAs, but was ₹25 above the 200-day DMA of ₹955.50.
• One-year return stood at 29.70%, contrasting with negative one-month and three-month readings of -4.76% and -0.19%.

Hindalco Industries share price closed at ₹980.50 on September 17, up ₹7.80 or 0.80%. The previous close was ₹973 and trading began at ₹972. Hindalco then moved between ₹971 and ₹987, giving the session a ₹16 high-low span. The closing price was ₹9.50 above the low and ₹6.50 below the high.

At ₹2,805,282 shares, volume was above 2.8 million for the session. Market capitalisation stood at ₹2,20,341 crore. The 52-week low was ₹732 and the high ₹1,176. September 17's finish was ₹248.50 above the annual low and ₹195.50 below the 52-week high.

The stock closed between its shorter and longer moving averages. The 50-day DMA was ₹1,010, placing it ₹29.50 above the closing price. The 100-day DMA stood at ₹1,000.30, leaving a ₹19.80 gap. Hindalco remained above its 200-day DMA, however, with the ₹955.50 measure sitting ₹25 below the close.

The return profile became stronger over the longer windows. One-month performance was -4.76%, and the three-month reading was close to flat at -0.19%. The six-month return was positive at 6.44%. Over one year, Hindalco recorded a considerably larger 29.70% return.

September 17 started slightly below the prior close, with the ₹972 opening price just under ₹973. The stock briefly reached ₹971 before advancing as high as ₹987 and retaining most of that move by the end. Its final ₹980.50 price remained below the ₹1,000 mark represented by the 100-day average and below the ₹1,010 50-day DMA. In contrast, it stayed ₹25 above the 200-day measure. The annual range remained broad at ₹444, with the latest close positioned somewhat nearer the 52-week high than the low when measured by absolute rupee distance.