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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
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Stock Market Today

  • Summit Therapeutics (SMMT) Valuation Assessed Amid Mixed Share Performance and Long-Term Returns
    June 4, 2026, 12:01 AM EDT. Summit Therapeutics' stock closed at $15.07, showing mixed recent performance with a 7-day decline of 13.2% and a 30-day drop of 11.3%. Despite short-term weakness, the 3-year total shareholder return highlights strong long-term gains of approximately 7 times initial investment. Analysts suggest the stock is undervalued with a fair value estimated at $29.18, driven by its lead drug ivonescimab in multiple Phase III trials targeting oncology. However, the high price-to-book ratio of 21.4x versus peers around 10.1x indicates a potentially rich valuation, reflecting significant growth expectations. Investors should consider risks including regulatory hurdles and trial outcomes before betting on future appreciation.

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