Hindalco Kuppam unit to add 10 KTPA capacity by FY29, 768 crore investment

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HINDALCO · price

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Price reactionminutes from the announcement price · days from the prior close

+2.6%Reaction day

₹1027.00

prior close

₹1051.00

announcement price

In-mkt

timing

Nifty 100market-0.2%+2.8% vs market

Aluminium peers, median of 12sector-0.8%+3.4% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty 100 and 3.4 pts more than its Aluminium peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+2.6-0.2+2.8-0.8+3.4

Next day

+2.6-0.1+2.7-0.5+3.1

+2.6-0.5+3.2+0.9+1.7

+4.4-0.6+5.0+2.7+1.7

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+0.2-0.9+1.1+1.8-1.6

+1.4-1.6+3.1-1.1+2.5

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+0.8-1.6+2.4+1.6-0.8

-2.0-3.3+1.3+5.7-7.7

-10.9-8.0-3.0-3.5-7.4

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UpDownMarket · Nifty 100Sector · Aluminium peers, median of 12Pending

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AI summary

Hindalco plans to expand Kuppam unit capacity in Andhra Pradesh by 10 KTPA, taking total to 30 KTPA. Current utilization is 80-85 percent of existing 20 KTPA capacity. Investment of 768 crores (plus 40 crores interest during construction) to be funded via internal accruals and debt. Expansion targeted for completion by FY2029. Move aimed at supporting growth in line with company strategy.

Likely market impact

Capacity addition supports future growth, with execution spread over 3 plus years. Internal funding signals balance sheet strength.