Hindalco Falls to Oct 2024 Levels, Rally Streak Breaks After Strong Run

Industries shares declined over 4% on November 6, 2025, marking their fourth consecutive negative close. During the intraday session, the stock touched price levels last seen in October 2024, signaling renewed selling pressure in the metal space. The recent fall has ended the month-long trend of higher highs and higher lows, which persisted for 10 straight sessions in October. The correction reflects profit booking after a strong rally seen earlier, coupled with cautious sentiment in global commodity markets. Despite a robust medium-term performance, near-term volatility has weighed on the stock’s momentum.