{
  "id": 19469507,
  "title": "Hindalco trades near ₹958 as analysts back stock post Q2 beat",
  "url": "https://urgent.news/2026/11/11/hindalco-trades-near-958-as-analysts-back-stock-post-q2-beat",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T08:20:56.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/hindalco-trades-near-958-as-analysts-back-stock-post-q2-beat/article71688722.ece"
  },
  "original_language": "en",
  "account": "Hindalco Industries' stock traded near ₹958 on the National Stock Exchange on Wednesday, after reporting a strong second-quarter performance for FY27. The stock opened at ₹946.05, reached an intraday high of ₹965.25 and a low of ₹946, with over 64.80 lakh shares traded worth ₹619.85 crore by 12.45 PM. Sell-side orders outnumbered buy orders, accounting for 57.44% of the order book. Analysts remain optimistic about the stock, with UBS maintaining a Buy rating and targeting ₹1,325, citing strong aluminium realizations and performance from Novelis. Motilal Oswal and Axis Direct also kept their Buy ratings but adjusted their targets to ₹1,180 and ₹1,060, respectively, acknowledging softer aluminium realization assumptions for FY28. Nomura echoed a Buy rating at ₹1,100, predicting that the third quarter may be the weakest before a Q4FY27 recovery. Hindalco reported consolidated net sales of ₹917 billion for the September quarter, a 39% year-on-year increase, with EBITDA growing 43% year-on-year to ₹128 billion, though down 8% sequentially due to higher costs.",
  "summary": "Though the shares have gained over 20% in the past year, it sits well below its 52-week high of ₹1,176, hit in May 2026",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}