Best Aluminium Stocks In India To Invest 

The Aluminium stocks in India represent an opportunity to indirectly invest in the metal and related companies, which constitute about 8.2% of the earth’s crust. We are talking about the second most consumed metal globally: Aluminium. 

The best Aluminium stocks have immense growth potential because India is positioned as the second-largest aluminium producer in the world. This position offers enough space for aluminium companies to capitalise on their significant market share and generate profits, positively impacting the prices of the best aluminium stocks in India. 

Best Aluminium Stocks List (2025) as per Market Capitalisation

*Data is updated as of 25th February 2025 

Brief Overview – Best Aluminium Stocks in India

Hindalco Industries Ltd. 

Hindalco Industries is the metal flagship company of the Aditya Birla Group, which commenced its operation in 1958 by establishing an integrated aluminium facility at Renukoot. Hindalco is the largest aluminium player in India, which provides flat-rolled products and extruded aluminium solutions. The company serves sectors including defence, building and construction, electricals, EVs and others. 

Hindalco Industries Ltd. is operated through a network of 52 manufacturing units in 10 countries, including 20 plants in India and 32 overseas units. The company has more than 68,500 employees. 

As of 25th February 2025, Hindalco Industries Limited has a P/E ratio of 9.95 with a market cap of ₹1,39,115 crore. 

National Aluminium Company Ltd. 

National Aluminium Company Limited (NALCO) is a Navratna company under the schedule ‘A’ category. It was founded on 7th January 2025, and the government of India holds a 51.28% share in the company’s equity capital. NALCO is engaged in the business of alumina refining, aluminium smelting and casting,  bauxite mining, power generation, and rail, and port operations. The company has bauxite mines at Damanjodi and an aluminium Smelter & Captive Power Plant at Angul. 

As of 25th February 2025, National Aluminium Company Ltd. has a P/E ratio of 7.95  with a market cap of ₹ 33,592.0  crore. 

MMP Industries Ltd. 

MMP Industries has been an NSE-listed share since 13th April 2018. It started operations in 1983 because of technical collaborations with AVL Metal Powders, Belgium. MMP Industries Limited is a global player in aluminium products. It has three manufacturing locations in India: Bhandra, and Umred. The company produces various aluminium products such as Aluminium Powders, Aluminium Foils, Aluminium Conductors & Cables, and Composite/ Polymers Insulators. 

As of 25th February 2025, MMp Industries Limited has a P/E ratio of  17.31 with a market cap of ₹ 654.0

crore. 

Arfin India Ltd. 

Arfin India Limited commenced its operations in 1992 and today is engaged in the business of Copper Scrap, Brass Scrap, Aluminium Scrap, and various alloys. The product range of Arfin India includes Aluminium Wire Roads, Aluminium Cables, Aluminium Shots, Aluminium Sticks, Aluminium Ingots, Aluminium Auto Products and Core Wire. 

As of 25th February 2025, Arfin India Limited has a P/E ratio of 48.96 with a market cap of ₹ 540.0 crore. 

Maan Aluminium Ltd.

Maan Aluminium Limited was established in 1989 and was then one of the first aluminium extrusion plants to be commissioned in India. The company is engaged in the business of manufacturing and trading aluminium profiles, including anodising and fabrication of profiles, as well as aluminium ingots and billets. Maan Aluminium Ltd.’s primary focus is domestic markets, with some focus on exports. 

As of 25th February 2025, Maan Aluminium Ltd. has a P/E ratio of 27.88 with a market cap of ₹  525.0

Crore.

*The above mentioned data are subject to change as per the changes in the market forces. Therefore, we request you to keep yourself updated with the latest stock details using Univest.

What are Aluminium Stocks? 

Aluminium stocks in India represent listed companies that mine, process, and distribute aluminium and related products. The underlying companies of the best aluminium stocks are typically involved in the full or partial supply chain of the aluminium sector. Bauxite mining, the core raw material for aluminium, is another critical operation aspect of these stocks. 

Best Aluminium Stocks List as per P/E Ratio 

*Data is updated as of 25th February 2025 

Best Aluminium Stocks List as per 6-Month Returns 

*Data is updated as of 25th February 2025 

Features of Aluminium Stocks In India  

Technological Advancement 

The best Aluminium stocks are subjected to constant tech advancement across the supply chain, including mining equipment, logistics, and distribution channels. This tech improvement makes these stocks a potential candidate for investment. 

Export Capabilities

Being one of the second largest aluminium producers in the world positions aluminium stocks in India at a unique stage for stock market investing. 

End-to-End Integration 

The best aluminium stocks in India have a unique feature of vertical integration. Companies representing these stocks usually operate in the full supply chain of the aluminium industry, offering good returns. 

Subject to Cost Fluctuations

Aluminium stocks in India operate under the metal and mining industry, and this industry is exposed to extensive variations in raw materials. It leads to the creation of significant return-generation opportunities. 

Benefits of Investing in Best Aluminium Stocks  

Diverse Demand 

The best aluminium stocks in India often refer to equity shares of companies that operate at each of the verticals of the aluminium supply chain, attracting a diverse set of demand from various industries. This leads to generations of higher returns on investments. 

Growth Opportunity

Aluminium is the second most consumed metal in the world after iron. This attribute enables aluminium stocks to capitalise on long-term growth opportunities. 

Export Domination

India exports a large amount of aluminium and its related products globally. It impacts the financial performance of aluminium companies and eventually leads to price surges of the best aluminium stocks in India. 

Risks of Investing in Best Aluminium Stocks 

Raw Material Cost Fluctuations 

Raw materials used in aluminium production (bauxite), and other raw materials, are subjected to drastic price volatility, which brings simultaneous changes in prices of the best aluminium stocks in India. 

Economic Impact 

Economic policies such as changes in tariffs and trade regulations can bring unexpected price volatility in the best aluminium stocks in India. An increase in tariffs or restrictive policies for mining bauxite (raw material for aluminium) negatively influences stock prices. 

Geo-Political Distress 

Since India is a key player in global aluminium exports, geopolitical tensions, such as wars, political instability, and unaligned trade policies, create panic within the industry. Such distress leads to negative momentum in aluminium stock prices. 

Currency Fluctuations 

The export of aluminium and related products is under the direct influence of currency prices. Thus, dpericitat

Who Should Invest in Best Aluminium Stocks

The best Aluminium stocks in India are considered a suitable investment avenue by many investors. However, it is important to understand that if not chosen based on thorough research and analysis, the aluminum company stocks can become a prospect of capital erosion. 

Familiarity With Commodities 

If you prefer to choose the Aluminium stock India as your investment option, then you must have knowledge and experience of the commodity markets. It is essential because commodities behave differently relative to equity shares and other financial instruments. Therefore, being familiar with commodities such as aluminium, gold, silver, and others can help you in making better investment decisions. 

High Risk Tolerance 

The best Aluminium stocks in India experience drastic price changes due to various factors such as changes in raw material cost or economic downturns. This increases price volatility in aluminium company stocks. Hence, you must invest in these stocks if you have sufficient risk appetite.

Industry Understanding 

Be it a long term investor or a short term trader, while choosing the right aluminium stock, you must have a certain level of knowledge and understanding of the aluminium industry. It can help you to understand the factors and metrics which can affect the performance of your portfolios.  

Wrapping Up

• The best Aluminium stocks in India represent listed companies which are engaged in the business of mining, extracting, processing and distributing aluminium metal and related products to a varies of customers. 
• Underlying companies of the best aluminium stocks also indulge in bauxite mining, which is the core raw material for aluminium production. 
• India has a unique place in the aluminium industry because it is the second largest producer of aluminium in the world. 
• Aluminium covers approximately 8.2% of the earth’s crust. 

Frequently Asked Questions On Best Aluminium Stocks In India

Is it good to invest in Aluminium company stocks? 

Aluminium is a crucial metal in the manufacturing industry, and India being the second largest aluminium producer in the world provides indication for rising performance of the best Aluminium stocks. However, the stock market is constantly changing and experiences price volatility, therefore investors must be cautious while investing in the best aluminium stocks to avoid unexpected losses. 

What is the future outlook for aluminium stocks in India? 

As per a report of Vedant Limited, the Aluminium industry is expected to grow at a CAGR of 8-10% against the world average of 5.6%. Also, in FY 22 India produced 4 million tonnes of primary aluminium which accounts for 5.85% of global aluminium production. Aluminium has also earned the title for “Metal of the Future” for a wide range of reasons including lightweight application and abrasion resistance qualities. 

Which is the best aluminium company in India? 

The best Aluminium companies in India as per ROCE are: 

How can I invest in the best aluminium stocks? 

You can invest in the best aluminium stocks by following the below-mentioned steps: 

1. Choose a suitable stock broking platform and start your demat application process. 
2. Complete your KYC procedure and finalise your demat accounting procedure. 
3. Once your demat account is opened, start researching about aluminium stocks in India. 
4. After thorough research, choose and invest in the best aluminium stocks. 

All Aluminium stocks in India

Read Our Articles on the Best Stocks

Top Liquor Stocks In India 2025

 Best Debt Free Fundamentally Strong Stocks in India

Top 10 Fundamentally Strong Penny Shares to Buy in 2025

Debt-Free Penny Stocks in India

List of Debt-Free Stocks in India 2025

Multibagger Penny Stocks for 2025  | Top Multibaggers

Railway Stocks in India to Invest in 

Return on Equity – A Comprehensive Guide 

Best Mulitbagger Penny Stocks Below 100 Rupees

Aerospace and Defence Stocks in India 

Explore Current and Previous IPOs

Univest Screeners

52-Week Low Stocks Today

*Data is updated as of 24th February 2025. 

52 Week High Stocks Today

*Data is updated as of 24th February 2025. 

Popular Stocks to Consider 

Explore Webstories on Univest 

1. Why Mid Budget Hotels Are A Strong Investment Opportunity

2. The Rise Of Home Sharing Platforms And Their Stock Potential

3. Challenges In The Post Pandemic Hospitality Recovery
4. How Adventure Tourism Is Reshaping India’s Travel Market

5. Top Defense Stocks Benefiting From Rising Government Spending

6. How India’s Atmanirbhar Bharat Initiative Boosts Defense Stocks

7. Why Mid Budget Hotels Are A Strong Investment Opportunity

Disclaimer: The data mentioned above is for educational purposes. It is essential to conduct your own research before investing in the stock market. You can consult a financial advisor or try Univest to generate exemplary returns.