Mumbai, October 27 (Udaipur Kiran): Shares of Hindalco Industries Ltd gained over 1.5 per cent in Monday’s trading session after the company announced that it has signed a Share Purchase Agreement (SPA) with Essel Mining & Industries Ltd (EMIL) and EMIL Mines and Mineral Resources Ltd (EMMRL) to acquire 100% shareholding of EMMRL.
The stock was trading at ₹837.00, up ₹12.85 or 1.56%, from its previous close of ₹824.15 on the BSE. The scrip opened at ₹832.00 and touched an intraday high of ₹839.90 and low of ₹827.45, with over 8.38 lakh shares traded on the counter.
The BSE Group ‘A’ stock, with a face value of ₹1, has registered a 52-week high of ₹841.85 (October 27, 2025) and a 52-week low of ₹546.25 (April 7, 2025). The company’s market capitalisation currently stands at ₹1,87,980.50 crore. The promoters hold 34.64%, while institutions and non-institutions hold 52.55% and 8.84%, respectively.
According to Hindalco, the acquisition — expected to be completed on or before November 30, 2025 — is subject to the satisfactory completion of conditions precedent under the SPA. Once concluded, EMMRL will become a wholly owned subsidiary of Hindalco Industries.
Hindalco Industries Ltd, a flagship company of the Aditya Birla Group, is a global leader in aluminium and copper manufacturing. Its operations span the entire aluminium value chain — from bauxite mining and alumina refining to aluminium smelting, rolling, extrusions, foils, and alloy wheel production, supported by captive power plants and coal mines across India.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.