Hindalco Industries to acquire AluChem Companies, Inc.
Hindalco Industries (NSE: HINDALCO) said it has agreed a deal to acquire AluChem Companies, Inc.. The company is valued at about ₹2.12 lakh crore.
What happened
Hindalco Industries (NSE: HINDALCO) informed the stock exchanges on 1 October 2026 at 11:02 PM that it has agreed a deal to acquire AluChem Companies, Inc..
Company snapshot
Hindalco Industries is a large-cap company in the Metals & Mining sector, with a market value of about ₹2.12 lakh crore.
The stock last traded at ₹941.9, against a 52-week range of ₹754.5–₹1,176 (19.9% below the high).
Before this filing the shares had moved −7.2% over the month and −1.2% over three months. Average daily turnover over the last 20 sessions was about ₹337 crore.
Promoters held 34.66% at the end of Q1 FY27, up 0.02% points from the previous quarter. Foreign institutions owned 35.60% and domestic institutions 19.95%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 64,232 | 4,004 | 18.03 |
| Q2 FY26 | 66,058 | 4,741 | 21.35 |
| Q3 FY26 | 66,521 | 2,049 | 9.23 |
| Q4 FY26 | 78,133 | 2,597 | 11.7 |
| Q1 FY27 | 84,825 | 7,013 | 31.58 |
What history shows
BCEIE's records show 3 previous m&a filings from the company since May 2026.
After those filings, the stock gained 2.1% on average the next trading day and was down 0.8% on average after five days (2 filings with price data).
Across 34 similar disclosures by other Metals & Mining companies, shares moved −0.6% on average the next day and −0.6% over five days; 38% of them rose the next day.
Market-wide, 1,941 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 21 Aug 2026 | Incorporation of UHG Holdings IFSC Private Limited. | +1.6% | −1.8% |
| 7 Aug 2026 | M&A | +2.6% | +0.2% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 6 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- HINDALCO Share Price Today - Hindalco Industries on NSE/BSE
- HINDALCO Outlook for the Week (September 28, 2026 – October 02, 2026)
- Hindalco Industries vs Vedanta vs National Aluminium Company: Which Stock Should You Track
- Hindalco Industries Expects EBITDA To More Than Double In Five Years. CLSA Maintains 'Outperform', Sees 27% Upside
- Hindalco’s Hirakud and Aditya Aluminium bag Odisha pollution control awards
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.