BNP Paribas bought 58,12,806 shares of Hindalco Industries for ₹504.93 crore at ₹868.65 apiece in a block deal.
A leading aluminium and copper producer in India, Hindalco Industries manufactures a diverse range of products including aluminium sheets, extrusions, and light gauge materials for industrial and consumer applications. The company serves key markets such as beverage packaging, food containers, and foil applications. Part of the Aditya Birla Group, it operates as a vertically integrated metals manufacturer with significant production capabilities across both primary and downstream segments.
French global bank with around EUR 2.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
