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BSE:500440 13 December 2025

Hindalco Share Price and Stock Outlook: Novelis Auditor Switch, Aluminium Rally, and Latest Analyst Targets (Dec. 13, 2025)

Hindalco Share Price and Stock Outlook: Novelis Auditor Switch, Aluminium Rally, and Latest Analyst Targets (Dec. 13, 2025)

Hindalco shares closed at ₹852.10 on December 12, up 3.37% after a three-day rally and heavy trading. Novelis, its US subsidiary, disclosed in an SEC filing that Ernst & Young will replace PwC as auditor after March 2027, citing mandatory rotation. Global aluminium prices hit $2,920/ton, their highest since May 2022, supporting sentiment.
13 December 2025

Stock Market Today

  • Foreign Funds Dominate Ownership of Spain's Ibex 35 Stock Market
    June 28, 2026, 6:45 AM EDT. The Spanish stock market is increasingly controlled by foreign investors, with nearly 49% of shares owned by nonresidents as of 2024, rising to over 60% by market capitalization. Key players include investment giants BlackRock, Vanguard, and Norway's sovereign wealth fund. The trend reflects a reduction in household ownership from 35% in 1998 to under 16% today, aligning Spain with other EU markets like the UK and France. Experts note that international ownership brings enhanced corporate governance and market liquidity, though it also presents new challenges. The Ibex 35's revenue is also globally diversified, with 65% generated abroad. This shift highlights the global nature of Spain's equities and the growing role of international capital in its market.

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28 June 2026
LIVEMarkets rolling coverageStarted: June 28, 2026, 4:00 AM EDTUpdated: June 28, 2026, 6:55 AM EDT Foreign Funds Dominate Ownership of Spain's Ibex 35 Stock Market June 28, 2026, 6:45 AM EDT. The Spanish stock market is increasingly controlled by foreign investors, with nearly 49% of shares owned by nonresidents as of 2024, rising to over 60% by market capitalization. Key players include investment giants BlackRock, Vanguard, and Norway’s sovereign wealth fund. The trend reflects a reduction in household ownership from 35% in 1998 to under 16% today, aligning Spain with other EU markets like the UK and France. Experts note
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