List of Top Aluminium Stocks in India (2025)

What are Aluminium Stocks In India?

Aluminium stocks refer to shares of companies involved in the production, extraction, and processing of aluminium in India. These companies are typically part of the metals and mining sector and play a key role in producing aluminium, which is used in industries like construction, automotive, packaging, and electronics.

Overview of Top Aluminium Stocks In India

1. Hindalco Industries Ltd: Hindalco, founded in 1958, is part of the Aditya Birla Group. It is one of Asia’s largest producers of aluminium and operates globally through its subsidiary, Novelis.
2. National Aluminium Company Ltd (NALCO):NALCO, founded in 1981, is a government-owned company and one of India’s largest producers of aluminium. It is involved in bauxite mining, alumina refining, and aluminium production.
3. MMP Industries Ltd: Founded in 1981, MMP Industries manufactures aluminium powders, pastes, and conductors. The company supplies products for sectors like construction, defence, and the electrical industries.
4. Maan Aluminium Ltd: Maan Aluminium Ltd, established in 1989, produces and trades aluminium profiles, billets, and other products used in various industries like construction, automotive, and electrical sectors.
5. Baheti Recycling Industries Ltd: Founded in 1994, Baheti Recycling Industries specialises in recycling aluminium scrap to produce aluminium alloy ingots. The company focuses on sustainability and serves industries such as automotive, construction, and electrical.

Latest Budget Update on the Aluminium Sector in India

• Import Duty on Aluminium Scrap: The Union Budget 2025 kept the import duty on aluminium scrap at 2.5%, despite industry calls to raise it to 7.5% to protect domestic producers from cheap imports.
• Duty Exemption for Critical Minerals: Customs duties were eliminated for waste and scrap of several critical minerals, including copper, lead, and lithium-ion batteries, but aluminium scrap was excluded from this exemption.
• Countervailing Duty Investigation: The Directorate General of Trade Remedies (DGTR) launched an investigation into imports of Chinese aluminium foil (80 microns and below) for alleged subsidies, which may lead to protective measures for domestic manufacturers.

How to Invest in Aluminium Stocks in India?

Here is how you can invest in the best aluminium shares in India:

1. Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
2. Conduct thorough research into the top Aluminium stocks in India using Tickertape Stocks Screener. The screener offers over 200 built-in filters, allowing investors to select parameters and generate a list of aluminium sector stocks in India.
3. Place a ‘Buy’ Order on the top aluminium stocks in India that align with your investment thesis.

Advantages of Investing in Aluminium Stocks

• Growing Demand: As the world focuses more on sustainability, aluminium is in higher demand because it’s lightweight and recyclable, making it a preferred material for eco-friendly solutions.
• Diverse Applications: Aluminium is used in many industries, such as construction, automotive, and consumer electronics. This wide range of uses helps protect companies from downturns in any one sector.
• Strong Export Market: India is a major exporter of aluminium, which helps its aluminium companies remain stable even when the domestic market faces challenges or volatility.

Risks Associated with Investing in Aluminium Stocks

• Price Volatility: The price of aluminium stocks is greatly affected by global supply and demand, as well as broader economic factors. Events like trade wars or global financial crises can cause prices to fluctuate, impacting stock values.
• Energy Costs: Aluminium production requires a lot of energy. Changes in power costs, such as increases in electricity prices, can affect the profit margins of aluminium companies in India.
• Environmental Regulations: Stricter rules on emissions and mining practices could increase the costs for aluminium companies. These higher operational costs may impact profitability and stock performance.

Factors to Consider Before Investing in Aluminium Stocks

• Market Position of the Company: It’s important to understand where the company stands in the market. Look at its strengths, such as how much it produces, how competitive it is, and its share in the industry. A strong position can mean better growth potential.
• Growth Plans:  Analysing the company’s plans for future growth, such as expanding operations, adopting new technologies, or diversifying into new areas, can help investors assess its long-term potential.
• Global Trends:  Aluminium demand is influenced by global trends in areas like construction, infrastructure, and technology. Keeping track of these trends can help you understand how the industry and specific companies might grow over time.
• Sustainability Practices: With more focus on environmental responsibility, companies that follow eco-friendly practices, like recycling or reducing waste, are more likely to perform well in the future.