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Aluminium producers surge as LME price tops US$2,850/tonne
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Indian aluminium and base-metal stocks surged up to 5% as global aluminium prices topped US$2,850/tonne, boosting commodity-plays amid rotation.
Shares of Indian aluminium and base-metal producers jumped up to 5% on 24 October 2025, as global aluminium prices on the London Metal Exchange (LME) crossed about US$2,850 per tonne amid supply concerns. Companies such as Hindalco Industries, Vedanta Limited and National Aluminium Company (NALCO) benefitted; Hindalco rose ~3.5 % and Nalco about 5.3% in early trade. Analysts pointed to tight global supply, rising EV and renewable demand and favourable currency‐translation benefits. The rally suggests renewed interest in commodity plays amid sector rotation in India’s equity market.