FII Stake Increases: This Multibagger Aluminium Stock Commissions India’s First Superfine PPT ATH Plant; Check Details

On Thursday, Indian equity benchmark indices traded lower, with the Nifty 50 declining 0.07 per cent to 24,191.65. Amid the weak market sentiment, shares of Hindalco Industries were trading at Rs 1,046.10, down 0.66 per cent from the previous close.

Hindalco Commissions Superfine PPT ATH Plant

Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, has commissioned a greenfield Superfine PPT ATH (Precipitated Aluminium Trihydrate) manufacturing plant at Belagavi, Karnataka. The company stated that this is the first domestic manufacturing facility for the high-value specialty alumina product in India.

The newly commissioned facility has an annual production capacity of 30,000 tonnes and is designed to cater to growing demand from industries including wires and cables, polymer insulators, thermal insulation and electric vehicles. The facility is also designed for phased expansion to 60,000 tonnes per annum in line with the growth of the domestic market.

Supports Fire-Safety Applications

PPT ATH is a halogen-free flame-retardant material used in applications such as Halogen-Free Flame Retardant cables, polymer insulators, thermal insulation, composites and paints. In cable applications, the material helps suppress flame propagation and smoke generation without releasing halogen acid gases, supporting safer electrical and infrastructure systems.

The company noted that demand for such materials is increasing amid stricter fire-safety standards, rising adoption of electric vehicles and infrastructure, and the shift towards sustainable and high-performance materials. The Bureau of Indian Standards has also introduced IS 17048:2018 for HFFR cables, supporting wider adoption across infrastructure, electrical and mobility applications.

100 per cent Renewable Energy-Powered Facility

The Belagavi facility is powered entirely by renewable energy sourced from biomass, Solar and wind. According to the company, this makes the facility the world’s only specialty alumina plant to operate entirely on renewable energy. The company's Belagavi refinery reported a GHG intensity of 0.44 tCO2e per tonne of alumina on a YTD FY26 basis.

Hindalco has developed the facility through in-house technology and R&D, incorporating automated controls and an integrated manufacturing ecosystem to maintain feedstock quality and product consistency.

Satish Pai, Managing Director of Hindalco Industries, said the commissioning of the Superfine precipitated hydrate plant will strengthen the company's leadership position and expand its high-value specialty alumina portfolio. He added that the investment reflects the company's focus on moving up the value chain and delivering advanced solutions for customers in India and global markets.
Also Read - Juniper Green Energy Q1 Results: Revenue Surges 79% YoY to Rs 324 Crore; EBITDA Rises 86% to Rs 294 Crore

Saurabh Khedekar, CEO of the Alumina Business at Hindalco Industries, said the addition of Superfine PPT ATH strengthens the company's specialty alumina portfolio and supports innovation-led growth. He also highlighted the product's role in enhancing fire safety while reducing import dependence.

About Hindalco Industries

Hindalco Industries Limited is the metals flagship company of the Aditya Birla Group and is described by the company as a $31 billion metals powerhouse. It is the world's largest aluminium company by revenues and the world's second-largest copper rods manufacturer outside China. Hindalco is also India's leading producer of specialty alumina, manufacturing more than 120 grades of non-metallurgical specialty alumina for industries including refractories, ceramics, wires and cables, Railways, batteries, electronics, water treatment and bulk chemicals. Its specialty alumina products serve more than 1,000 customers across 42 countries.

FII holding increased from 29.96 per cent in March 2026 to 31.41 per cent in June 2026, reflecting a 1.45 percentage-point quarter-on-quarter increase.

Share your thoughts on this development in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.