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Aluminium Stocks: Top Aluminium Shares in India (2026)

India is the world’s second-largest aluminium producer, while global aluminium demand is expected to rise by almost 40% by 2030. This gives aluminium companies relevance across infrastructure, manufacturing, power, and clean energy themes. Let’s take a look at some of the top aluminium sector companies in India, along with a detailed analysis of each one.

Best Aluminium Stocks in India in 2026

Metals - Aluminium Stock Screener

Metals - Aluminium Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 17 of 17 results

last updated at 6:30 PM IST 
NameStocks (17)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Hindalco Industries LtdHINDALCOMetals - AluminiumMetals - Aluminium2,32,112.702,32,112.701,038.001,038.0014.5114.51-2.74-2.7417.3717.3720.5120.5166.1766.171.881.8813.9213.9212.9612.960.480.480.520.521.901.90
2.National Aluminium Co LtdNATIONALUMMetals - AluminiumMetals - Aluminium73,336.7173,336.71399.30399.3012.6512.65-7.85-7.854.544.5467.7267.72155.19155.194.124.1232.7332.7340.4940.492.632.630.010.012.732.73
3.Maan Aluminium LtdMAANALUMetals - AluminiumMetals - Aluminium903.37903.37150.60150.6058.2458.241.141.1417.7017.70-0.45-0.4577.9177.915.065.069.089.0812.7512.75--0.510.513.333.33
4.Baheti Recycling Industries LtdBAHETIMetals - AluminiumMetals - Aluminium627.65627.65600.80600.8023.1923.192.602.6020.1620.164.814.814.384.3810.6210.6235.7535.7577.5777.57--2.682.682.602.60
5.MMP Industries LtdMMPMetals - AluminiumMetals - Aluminium625.46625.46246.22246.2216.0916.09-2.35-2.3526.2726.27-14.07-14.071.351.351.931.9312.6912.6916.3016.300.610.610.480.482.672.67
6.Euro Panel Products LtdEUROBONDMetals - AluminiumMetals - Aluminium423.78423.78172.97172.9722.9822.981.191.1913.3413.34-16.44-16.446.486.483.183.1814.8614.8623.1723.17--0.870.872.922.92
7.GSM Foils LtdGSMFOILSMetals - AluminiumMetals - Aluminium288.34288.34204.60204.6014.5314.53-1.21-1.2110.5910.59-5.06-5.0655.3155.319.239.2345.6145.6195.0195.01--0.570.573.243.24
8.Manaksia Aluminium Co LtdMANAKALUCOMetals - AluminiumMetals - Aluminium244.57244.5737.3237.3240.4340.43-4.67-4.6762.2662.2627.3327.3336.4036.401.811.814.564.5618.0518.050.190.191.771.774.644.64
9.Century Extrusions LtdCENTEXTMetals - AluminiumMetals - Aluminium173.76173.7621.7221.7217.4817.48-1.63-1.6322.3722.37-22.95-22.9519.8719.872.092.0912.7412.7426.4226.42--0.590.594.114.11
10.Sharvaya Metals LtdSHARVAYAMetals - AluminiumMetals - Aluminium116.57116.57116.22116.229.329.320.000.00-2.34-2.34-36.14-36.14-44.14-44.145.125.1282.2882.2867.0467.04--0.660.664.284.28
11.Hind Aluminium Industries LtdHINDALUMIMetals - AluminiumMetals - Aluminium65.2165.21103.51103.518.788.780.490.4921.1821.1858.9858.9838.4238.420.770.779.229.220.720.72--0.000.003.403.40
12.Swastika Castal LtdSWASTIKAALMetals - AluminiumMetals - Aluminium46.5346.5357.0057.0017.6917.690.000.0012.0312.03-35.59-35.59-14.70-14.704.364.3628.1328.1333.7733.77--0.850.854.754.75
13.Sudal Industries LtdSUDAIMetals - AluminiumMetals - Aluminium46.2746.2755.2955.298.158.15-4.01-4.0113.6913.69-39.07-39.0753.1653.161.861.8625.7425.7426.3426.34--0.860.863.463.46
14.Sampat Aluminium LtdSAMPATMetals - AluminiumMetals - Aluminium39.8639.8647.0047.005.755.75-4.08-4.0819.5919.59-40.13-40.13-59.18-59.181.771.7738.8338.8335.4635.46--1.051.054.784.78
15.Precision Metaliks LtdPRECISIONMetals - AluminiumMetals - Aluminium17.5617.567.657.6522.2322.23-3.77-3.7710.8710.87-59.52-59.52-67.10-67.100.200.200.910.915.195.19--0.450.453.683.68
16.Om Metallogic LtdOMLMetals - AluminiumMetals - Aluminium15.7215.7220.0020.003.823.820.000.0033.3333.33-34.87-34.87-76.47-76.471.331.3342.3942.3947.7947.79--0.880.886.546.54
17.Bothra Metals and Alloys LtdBMALMetals - AluminiumMetals - Aluminium15.0215.028.118.1142.9142.919.899.89-10.98-10.9814.5514.55-15.17-15.170.860.862.012.016.226.22--0.650.659.489.48

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Metals - Aluminium | Market Cap: Sorted from Highest to Lowest

How to Invest in the Best Aluminium Stocks in India?

Investing in aluminium stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in aluminium stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Aluminium Stocks: Go to Tickertape Stock Screener and select the “ Metals - Aluminium” under “Materials” sector
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, etc. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top aluminium stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Best Aluminium Stocks in India

Hindalco Industries Ltd

Hindalco Industries Ltd is a leading producer of aluminium and copper and is part of the Aditya Birla Group. It has a global presence and supplies aluminium sheets, foils, and extrusions used in industries such as automotive, construction, and packaging. The company is also known for its focus on sustainability and innovation in metal manufacturing.

National Aluminium Co Ltd (NALCO)

National Aluminium Co Ltd, or NALCO, is a public sector enterprise under the Ministry of Mines. It specialises in aluminium production and bauxite mining and operates one of Asia’s largest integrated alumina-aluminium complexes. The company also plays an important role in India’s aluminium exports.

Maan Aluminium Ltd

Maan Aluminium Ltd manufactures aluminium extrusions used in the construction, electrical, and industrial sectors. The company is known for precision engineering and offers customised products for architectural and automotive applications. It also focuses on sustainability and recycling in its operations.

MMP Industries Ltd

MMP Industries Ltd manufactures aluminium powder, paste, and conductors used in industries such as explosives, chemicals, and automotive. The company focuses on speciality chemicals and innovative aluminium-based products. It serves both domestic and international markets.

Baheti Recycling Industries Ltd

Baheti Recycling Industries Ltd manufactures aluminium products such as DeOx, wire rods, and alloys. It supplies to industries such as steel, automotive, and power. The company also focuses on recycling and environmentally friendly production methods to meet the rising demand for sustainable aluminium products.

Advantages of Investing in Aluminium Stocks in India

Exposure to a Large Industrial Metal

Aluminium is widely used across construction, transport, electricity, packaging, and consumer industries. The International Aluminium Institute expects global aluminium demand to rise by almost 40% by 2030, which shows how important the metal remains across major sectors.

Link to India’s Manufacturing Growth

India is already the second-largest aluminium producer in the world, which reflects the metal’s role in the country’s industrial base. Aluminium stocks are often linked to sectors such as power, infrastructure, transport, and manufacturing, where metal demand tends to stay relevant.

Use in Clean Energy and Electrification

Aluminium is used in renewable energy systems, transmission infrastructure, and electric mobility because of its light weight and conductivity. Industry data shows renewable energy is a strong long-term demand area, with aluminium demand from this segment projected to reach 5.5 mn tonnes by 2050.

Benefit from Domestic Sector Growth

India’s aluminium ecosystem has continued to expand, with primary aluminium production rising to 7.07 lakh tonnes in FY26 (April-May 2025) from 6.98 lakh tonnes a year earlier, according to IBEF. This points to continued domestic activity in the sector.

Upside From Commodity Cycles

Aluminium stocks can benefit when global metal prices improve, and demand remains firm. This is because aluminium producers’ revenues and margins are closely linked to price realisations in the commodity cycle.

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Risks of Investing in Aluminium Stocks

Commodity Price Volatility

Aluminium companies are closely linked to metal prices, which can move up or down based on global demand, supply conditions, and trade trends. Sharp price changes can affect revenue and profit margins.

High Energy Costs

Aluminium production is energy-intensive, especially at the smelting stage. Rising power and fuel costs can increase production expenses and put pressure on profitability.

Dependence on Global Demand

Aluminium demand often depends on sectors such as construction, automobiles, infrastructure, and industrial manufacturing. A slowdown in these sectors can affect volumes and pricing.

Raw Material Availability

The industry depends on inputs such as bauxite, alumina, coal, and power. Any disruption in raw material supply or an increase in input costs can affect business performance.

Environmental and Regulatory Pressure

Mining, refining, and smelting operations are subject to environmental rules, land-related issues, and compliance requirements. Changes in regulation can affect costs, project timelines, and expansion plans.

Export and Trade Risks

Aluminium prices and demand are influenced by global markets, including tariffs, duties, and trade restrictions. This can affect companies with export exposure or dependence on international pricing.

Factors to Consider Before Investing in Aluminium Stocks

Aluminium Price Trend

Aluminium companies are closely linked to metal prices in global markets. When aluminium prices rise, realisations and margins may improve, while weaker prices can affect revenue and profitability.

Raw Material Access

Inputs such as bauxite, alumina, coal, and power play a major role in aluminium production. Companies with better access to these raw materials or stronger backward integration often have better cost control and supply visibility.

Level of Integration

Some aluminium companies operate across the full value chain, from mining and refining to smelting and downstream products, while others are present in only one segment. A more integrated model can support cost efficiency, better resource control, and greater stability across cycles.

Demand From End-Use Sectors

Aluminium demand depends on sectors such as construction, power, automobiles, transport, packaging, and industrial manufacturing. The growth trend in these sectors can influence volumes, pricing, and overall demand visibility.

Cost Structure and Margins

Not all aluminium companies operate at the same cost level. Production efficiency, access to captive power, logistics costs, and product mix can all affect margins and decide how well a company performs during weak metal cycles.

Export Exposure

Some aluminium companies sell a meaningful share of their output in international markets. In such cases, global demand, overseas pricing, trade restrictions, and export competitiveness can influence performance.

To Wrap it Up…

Aluminium stocks show how companies linked to one of the most widely used industrial metals are performing. Their performance depends on factors such as aluminium prices, energy costs, raw material access, demand from key sectors, and overall business efficiency. Since the sector is closely connected to infrastructure, manufacturing, and clean energy, aluminium stocks are often tracked as part of the broader industrial and metals space. For a more detailed view of aluminium stocks, investors can use the Tickertape Stock Screener, which offers more than 200 filters to compare companies based on financials, valuation, profitability, performance, and other key parameters.

Frequently Asked Questions on Aluminium Stocks

  1. What are aluminium stocks?

    Aluminium stocks are shares of listed companies involved in the aluminium industry. These may include businesses engaged in bauxite mining, alumina refining, aluminium smelting, and the production of value-added aluminium products.

  2. Which are the top 10 aluminium companies in India?

    As of 7th April 2026, the top 10 aluminium companies in India as per market cap are:
    1. Hindalco Industries Ltd
    2. National Aluminium Co Ltd
    3. Maan Aluminium Ltd
    4. MMP Industries Ltd
    5. Baheti Recycling Industries Ltd
    6. Euro Panel Products Ltd
    7. GSM Foils Ltd
    8. Manaksia Aluminium Co Ltd
    9. Century Extrusions Ltd
    10. Sharvaya Metals Ltd

    Disclaimer: Please note that the above aluminium share list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

  3. What are the advantages of investing in aluminium stocks?

    Aluminium stocks offer exposure to a metal used across sectors such as construction, power, transport, packaging, and manufacturing. They are also linked to themes such as infrastructure growth, industrial activity, and clean energy.

  4. What are the risks of investing in aluminium stocks?

    Aluminium stocks can be affected by commodity price volatility, high energy costs, raw material availability, regulatory pressure, and changes in global demand. Since the sector is cyclical, earnings can also move up and down with economic conditions.

  5. What factors affect aluminum stock price?

    Aluminum stock price is usually influenced by global aluminium prices, demand from end-use sectors, energy and raw material costs, export conditions, currency movement, and company-specific performance. Market sentiment and broader metal-cycle trends can also affect stock movement.

  6. Who can invest in aluminium stocks?

    Aluminium stocks are often tracked by investors exploring sectors linked to metals, infrastructure, manufacturing, and industrial growth. They are also appealing to investors who want to invest in industries like electric vehicles, renewable energy, and power transmission.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. Are aluminium stocks risky?

    Aluminium stocks can carry risk because they depend on metal prices, power costs, global demand, and execution at the company level. Their performance can be more volatile than sectors with steadier earnings visibility.

  8. What is Maan Aluminium stock price?

    Maan Aluminium stock price as of 7th April 2026 is ₹128.92. However, it changes during market hours based on demand, supply, company performance, and overall market sentiment.

  9. What is Hindustan Aluminium share price?

    Hind Aluminium share price is ₹101.83 as of 7th April 2026. The share price moves based on aluminium prices, business performance, and market conditions.