13 Feb 2026 | 3 Mins Read
Hindalco Industries shares drop 5.5% on Q3 net profit slump
Flipitmoney
Hindalco Industries' shares fell 5.5% to Rs 909 due to a 45% Q3 profit drop y/y, driven by fire-related disruptions at US unit Novelis. Citi cut the stock to "neutral" while CLSA gave an "outperform" rating. Other metals companies like Nalco, Hindustan Zinc, and Vedanta also declined, with Hindustan Zinc down by 4.9% on silver price drop.