Hindalco Industries Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in Hindalco Industries from 1.15% to 1.11%, selling 820,787 shares. The value of the sold shares is approximately ₹77.5 crore based on the current share price of ₹944.15.
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.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.