Hindalco shares surge as copper-aluminium rally boosts outlook

Shares of Hindalco Industries rose over 6% in the past three trading days, hitting record highs amid a strong global rally in copper and aluminium prices. The firm’s downstream alloys and metal-extrusion units stand to benefit from higher realisations, and investor anticipation is building ahead of its upcoming Q2 results. Analysts note the cost inflation risks remain, but improved commodity pricing and stronger global demand for lightweight metals in EVs are driving the positive sentiment.