Hindalco Industries Ltd Hits Intraday Low Amid Price Pressure on 5 Feb 2026

Intraday Performance and Price Movements

On the trading day, Hindalco Industries Ltd recorded a day change of -3.46%, with the intraday low of Rs 924.35 marking a significant dip from its recent gains. This decline followed a three-day streak of consecutive increases, signalling a reversal in short-term momentum. The stock's intraday volatility was exceptionally high at 212.45%, calculated from the weighted average price, indicating substantial price fluctuations throughout the session.

Despite the intraday weakness, the stock remained above its 50-day, 100-day, and 200-day moving averages, suggesting that the longer-term trend retains some underlying strength. However, it traded below its 5-day and 20-day moving averages, highlighting immediate downward pressure and a potential short-term correction phase.

Comparative Sector and Market Context

Hindalco's performance contrasted with the broader Non - Ferrous Metals sector, where it underperformed by 0.9% on the day. The Sensex index opened flat but gradually moved into negative territory, closing at 83,584.39, down 0.28% or 60.15 points. The index remains close to its 52-week high of 86,159.02, currently 3.08% below that peak.

While the Sensex trades below its 50-day moving average, the 50DMA itself is positioned above the 200DMA, indicating a mixed technical backdrop for the broader market. Hindalco’s sharper decline relative to the Sensex’s modest fall underscores the stock-specific pressures it faced during the session.

Short-Term and Medium-Term Performance Trends

Examining recent performance metrics, Hindalco Industries Ltd has shown varied results across different time frames. The stock declined by 2.68% over the single trading day, compared to the Sensex’s 0.28% drop. Over the past week, Hindalco fell 8.45%, whereas the Sensex gained 1.23%, reflecting a divergence from the broader market’s upward trend.

Conversely, the stock posted a modest 0.71% gain over the last month, outperforming the Sensex’s 2.17% decline. Over three months, Hindalco’s return was a robust 12.91%, significantly ahead of the Sensex’s 0.15% increase. Longer-term performance remains strong, with a one-year gain of 56.05% versus the Sensex’s 6.79%, and a three-year return of 104.11% compared to the Sensex’s 37.38%.

Over five and ten years, Hindalco’s appreciation has been even more pronounced, with gains of 258.09% and 1,214.93% respectively, far outpacing the Sensex’s 64.76% and 239.54% returns. Year-to-date, the stock has advanced 5.86%, while the Sensex has declined 1.92%, indicating resilience despite recent intraday weakness.

Mojo Score and Rating Update

Hindalco Industries Ltd holds a Mojo Score of 75.0, reflecting a positive overall assessment. The current Mojo Grade is 'Buy', a slight downgrade from the previous 'Strong Buy' rating as of 18 Nov 2025. This adjustment indicates a tempered outlook relative to prior evaluations, though the stock remains favourably rated within its sector.

The company’s Market Cap Grade is 1, denoting a large market capitalisation and significant presence in the Non - Ferrous Metals industry. These ratings provide a structured framework for analysing the stock’s relative quality and market standing.

Volatility and Moving Average Analysis

The elevated intraday volatility of 212.45% is a key factor behind the stock’s price swings today. Such volatility often reflects active trading and uncertainty among market participants. The stock’s position above longer-term moving averages (50-day, 100-day, 200-day) suggests that despite short-term fluctuations, the medium- to long-term trend remains intact.

However, trading below the 5-day and 20-day moving averages signals immediate downward momentum. This technical setup often precedes further short-term price adjustments as traders react to recent market developments.

Market Sentiment and Broader Pressures

The broader market environment has been mixed, with the Sensex showing modest declines after a flat start. Hindalco’s sharper intraday fall relative to the index and its sector points to stock-specific pressures, possibly linked to profit-taking following recent gains or reactions to sector dynamics.

Given the stock’s recent three-day rally, the current decline may represent a consolidation phase rather than a fundamental shift. The overall market’s proximity to its 52-week high adds a layer of caution, as investors weigh valuations and potential near-term risks.

Summary of Price Pressure Factors

In summary, Hindalco Industries Ltd’s intraday low of Rs 924.35 and overall decline of 3.46% on 5 Feb 2026 reflect a combination of factors including profit-taking after a short rally, elevated volatility, and broader market caution. The stock’s underperformance relative to its sector and the Sensex highlights specific pressures despite a generally positive long-term trend.

Technical indicators suggest a short-term correction phase, with the stock trading below its 5-day and 20-day moving averages while maintaining support above longer-term averages. Market sentiment remains cautious as the Sensex hovers near its 52-week high, contributing to a measured approach among investors.

Overall, the day’s price action underscores the dynamic nature of trading in Hindalco Industries Ltd, with volatility and immediate price pressure shaping the intraday narrative.

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