Hindalco Industries share price ends at ₹982, down 2.17% on September 24

Key Takeaways

• Hindalco Industries closed at ₹982, down ₹21.80 or 2.17%, after trading through a narrow ₹15 range between ₹977 and ₹992.
• The price was below the 50-day and 100-day DMAs of ₹1,005.50 and ₹998.90, but remained ₹25 above the ₹957 200-day DMA.
• Six-month and one-year returns were positive at 16.87% and 31.65%, despite negative one-month and three-month readings.

Hindalco Industries share price finished September 24 at ₹982, down ₹21.80 or 2.17%. The previous close was ₹1,004. The stock opened at ₹984, reached ₹992 at the high and fell to ₹977. Only ₹15 separated the session extremes. The close was ₹5 above the low, ₹10 below the high and just ₹2 below the opening level.

Volume reached 4,455,924 shares. Market capitalisation stood at ₹220,678 crore. The relatively tight daily range contrasted with the wider differences seen across its moving averages and annual price band.

The 50-day DMA was ₹1,005.50, placing it ₹23.50 above the closing price. The 100-day DMA stood at ₹998.90, a gap of ₹16.90. The 200-day DMA was lower than the close at ₹957, leaving Hindalco ₹25 above that reference. The 50-day and 200-day averages were ₹48.50 apart.

The stock’s 52-week low was ₹732 and its high ₹1,176. At ₹982, the closing price was ₹250 above the lower marker and ₹194 below the annual high. The full 52-week range spanned ₹444, compared with ₹15 between the September 24 low and high.

Returns shifted from negative shorter-term readings to positive longer ones. One month stood at -5.03% and three months at -0.49%. Six months was 16.87%, while one year reached 31.65%, the strongest of the four periods. The one-month and one-year figures were separated by 36.68 percentage points.

The 100-day DMA was the nearest moving-average reference to the closing price at ₹16.90 away. The 50-day and 200-day measures were almost equally distant, at ₹23.50 and ₹25 respectively. Within the day, the closing position was tighter still: only ₹5 separated the finish from the ₹977 low, while the session’s complete high-low movement remained limited to ₹15.