As of today, Hindalco Industries Ltd. is trading at ₹656.75, marking a drop of 1.76% from the previous closing price of ₹668.50. During today’s trading session, the stock opened at ₹664.00 and reached a high of ₹664.00 and a low of ₹652.50. Hindalco’s 52-week range has seen a high of ₹715.25 and a low of ₹448.75.
Technical Indicators:
- 5-day SMA: ₹673.31
- 10-day SMA: ₹687.26
- 20-day SMA: ₹665.91
- 100-day SMA: ₹663.85
- 300-day SMA: ₹605.08
The stock is currently reflecting a bearish sentiment in the short term, as indicated by moving averages and price trends. The market analysts are mixed on its future movement, with some expecting further drops due to the overall market’s cautious approach to metals and mining sectors.
