Hindalco Industries Ltd Hits Intraday High with 3.08% Surge on 28 Jan 2026

Intraday Trading Highlights

On 28 Jan 2026, Hindalco Industries Ltd (Stock ID: 557714) demonstrated strong momentum in the non-ferrous metals sector, touching an intraday peak of Rs 992, representing a 3.12% increase from its previous close. The stock closed with a day change of 3.08%, outperforming the broader Sensex, which rose by 0.43% on the day. Despite the Aluminium & Aluminium Products sector gaining 3.9%, Hindalco’s performance was slightly below the sector by 0.82% for the session.

The stock has been on a consistent upward trajectory, recording gains for five consecutive trading days. Over this period, Hindalco has delivered a cumulative return of 6.83%, reflecting steady investor confidence and positive market sentiment. The current price level also surpasses all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a sustained bullish trend.

Sector and Market Context

The broader market environment supported Hindalco’s gains, with the Sensex opening flat but advancing 317.64 points to close at 82,210.00, a 0.43% increase. The index remains 4.8% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself is positioned above the 200-day moving average, indicating a mixed but cautiously optimistic market backdrop. Mega-cap stocks led the market rally, contributing to the overall positive sentiment.

Within the non-ferrous metals sector, Hindalco’s performance stands out given its strong relative gains over multiple time frames. The stock’s one-day gain of 3.26% notably outpaced the Sensex’s 0.47% rise. Over one week, Hindalco advanced 5.78% compared to the Sensex’s 0.41%. The stock’s one-month and three-month returns are 13.81% and 16.97% respectively, while the Sensex recorded declines of 3.29% and 2.82% over the same periods.

Long-Term Performance and Market Capitalisation

Hindalco Industries Ltd holds a Market Cap Grade of 1, reflecting its status as a large-cap stock within the non-ferrous metals sector. The company’s Mojo Score stands at 75.0, with a current Mojo Grade of Buy, revised from a Strong Buy on 18 Nov 2025. This adjustment indicates a slight moderation in outlook while maintaining a positive stance.

Examining longer-term returns, Hindalco has significantly outperformed the Sensex across multiple horizons. Over one year, the stock has surged 72.61%, compared to the Sensex’s 8.35%. Year-to-date performance shows a 12.08% gain for Hindalco versus a 3.50% decline in the Sensex. Over three and five years, the stock has delivered returns of 107.36% and 333.40% respectively, substantially exceeding the Sensex’s 38.62% and 75.45% gains. The ten-year performance is particularly notable, with Hindalco appreciating by 1324.16%, dwarfing the Sensex’s 236.10% rise.

Technical Indicators and Trading Action

Hindalco’s trading activity today was characterised by strong volume and price momentum, with the stock maintaining levels above all major moving averages. This technical positioning suggests robust demand and a positive trend continuation. The intraday high of Rs 992 represents a fresh peak, underscoring the stock’s resilience amid broader market fluctuations.

While the Aluminium & Aluminium Products sector gained 3.9% on the day, Hindalco’s 3.08% increase was slightly below this benchmark, indicating selective profit-taking or rotation within the sector. Nonetheless, the stock’s consistent gains over the past week and month highlight sustained investor interest and confidence in its market positioning.

Summary of Key Metrics

To summarise, Hindalco Industries Ltd’s performance on 28 Jan 2026 was marked by:

• Intraday high of Rs 992, a new 52-week and all-time peak


• Day change of 3.08%, outperforming the Sensex by 2.65 percentage points


• Five consecutive days of gains, accumulating 6.83% returns


• Trading above all major moving averages, signalling strong technical momentum


• Mojo Score of 75.0 with a Buy grade, revised from Strong Buy in November 2025


• Market Cap Grade of 1, confirming large-cap status

These factors collectively illustrate a stock that has demonstrated resilience and strength in the current market environment, supported by sectoral gains and broader market advances.

Market Outlook and Positioning

While the Sensex remains below its 50-day moving average, the upward trajectory of mega-cap stocks and the positive sectoral performance in non-ferrous metals have contributed to Hindalco’s strong showing. The stock’s ability to sustain levels above key moving averages and reach new highs reflects a favourable technical setup amid a cautiously optimistic market backdrop.

Investors tracking the non-ferrous metals sector will note Hindalco’s consistent outperformance relative to the benchmark index across multiple time frames, underscoring its significance within the sector and the broader market.

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