Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult a financial advisor before making any investment decisions. Markets are subject to risks, and past performance is not indicative of future results.

Hindalco Industries Ltd., a leading aluminum and copper manufacturer, is showing strong momentum in the market. Currently trading in the ₹638-₹642 range, the stock has witnessed steady buying interest, signaling potential upside.

With a short-term target of ₹690-₹710, investors are eyeing a breakout driven by improving global metal demand and robust domestic infrastructure growth.

Technical indicators suggest bullish sentiment, with support levels holding strong and volumes picking up. Analysts anticipate that sustained buying could propel the stock toward its target range in the coming sessions. However, market volatility and global commodity price fluctuations remain key risk factors.