Hindalco Faces Continued Pressure Amid Broader Market Decline in Aluminium Sector

Hindalco Industries, a prominent player in the Aluminium & Aluminium Products sector, has experienced a notable decline of 4.36% on April 4, 2025. This drop comes as the stock has underperformed its sector by 0.84%, marking a challenging period for the company, which has seen a consecutive five-day losing streak totaling a 9.78% decline in returns.
During today's trading session, Hindalco touched an intraday low of Rs 622.55, reflecting a decrease of 4.63%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The broader Aluminium & Aluminium Products sector also faced pressure, falling by 4.48%.

In the context of the overall market, the Sensex has continued its downward trajectory, opening lower and subsequently declining by 362.03 points to 75,798.06, a decrease of 0.65%. The Sensex is trading below its 50-day moving average, which is also positioned below the 200-day moving average, further emphasizing the current bearish sentiment in the market.