were trading lower in early Friday trade, falling ₹16.30 or 1.45 per cent to ₹1,109.30 as of 9.47 AM, against a previous close of ₹1,125.60. The stock opened at ₹1,126.60, touched an intraday high of ₹1,132.30 before sliding to a low of ₹1,109.30, with sell orders outpacing buys — 52.05 per cent sell versus 47.95 per cent buy in early order flow. Traded volume stood at 6.12 lakh shares worth ₹68.17 crore in the morning.
On June 4, Hindalco announced the launch of a flagship experience centre for its system aluminium windows brand, Eternia, in Lajpat Nagar, New Delhi. The company simultaneously revealed a new manufacturing hub in Bilaspur, Gurugram — a 1,20,000 sq. ft. facility capable of producing up to 2,50,000 sq. ft. of windows per month, with an integrated R&D and training centre expected to employ over 300 people.
Eternia has recorded nearly 65 per cent CAGR growth over the past three years and operates through 170-plus channel partners across 100-plus cities. Hindalco has set a revenue target of over ₹1,000 crore for the brand by FY29, targeting a windows and façade market estimated at ₹40,000 crore.
Despite the day’s weakness, Hindalco’s longer-term performance remains strong. The stock has returned 74.52 per cent over one year and 24.26 per cent year-to-date, significantly outpacing the Nifty 50. Its 52-week high of ₹1,176 was recorded just last week on May 29. The stock carries a P/E of 18.88 and a total market capitalisation of approximately ₹2,48,678 crore.