Hindalco led the rally, surging over 4 per cent to hit a record high of INR 824.65 on the NSE before paring some gains to trade 3 per cent higher at INR 815.90 apiece. NALCO followed with a 3.3 per cent rise to INR 235.86, while Vedanta climbed 2.31 per cent to INR 492.95.
For Vedanta, aluminium remains a critical growth engine. Company executives said in June 2025 that earnings before interest, tax, depreciation, and amortisation (EBITDA) from its aluminium business are expected to double to USD 4 billion this fiscal year. The sharp improvement will be driven by a higher proportion of value-added products, greater raw material self-sufficiency, and the ramp-up of new smelting and refining capacities.
Aluminium currently contributes over 40 per cent to Vedanta’s consolidated EBITDA, making it the company’s second-largest profit generator after domestic zinc operations. Last fiscal year, the aluminium division reported EBITDA of INR 17,798 crore, an 84 per cent year-on-year increase, according to The Economic Times.
