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Hindalco Industries Ltd (HINDALCO)

₹479.550.26%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Hindalco Industries Ltd

What's happening in Hindalco Industries Ltd

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    Today's Timeline - 21 Sep

    07:48 AM

    -

    Hindalco Industries plans to incur a capex of $4.4 billion over the next five years for several projects, including flat rolled project capacity expansion in USA.

    01:47 PM

    -

    Shares of Hindalco Industries gained as much as 1.71% on BSE due to its shift to high-value-added downstream products and capacity expansion.

Key events for Hindalco Industries Ltd

  • Hindalco Plans Capex for Expansion Projects - 21 Sep, 2023

    Hindalco Industries Ltd plans to spend $4.4 billion on various expansion projects, with most allocated to the US region. The company's stock rose by 1.71% due to its shift to high-value-added downstream products.

  • Hindalco Industries Among Top Losers on Nifty 50 - 19 Sep, 2023

    Hindalco Industries Ltd was among the top losers on the Nifty 50 index due to a drop in the metals sector, which fell by 1.1%.

  • Hindalco Industries Partners with Texmaco Rail for Manufacturing Aluminium Wagons - 18 Sep, 2023

    Hindalco Industries Ltd experiences a decline in stock price and enters into an alliance with Texmaco Rail for manufacturing aluminium rail wagons and coaches.

  • Hindalco Hits New High; Institutional Investors Own 44% - 15 Sep, 2023

    Hindalco Industries Ltd's institutional investors own 44%, while the company hit a new 52-week high of Rs 508.80.

  • Hindalco Shares Surge After Technology Partnership With Metra SpA - 14 Sep, 2023

    Hindalco Industries' shares surge over 5% following a technology partnership with Italy-based Metra SpA to produce large-size aluminum extrusion and fabrication technology for building high-speed aluminum rail coaches in India.

  • Hindalco Signs Partnership for Aluminium Extrusion Tech - 13 Sep, 2023

    Hindalco Industries Ltd has signed a strategic partnership with an Italian firm to bring aluminium extrusion technology to India for lightweight high-speed rail wagons, and the company's stock surged 4% last month.

  • Hindalco Partners with Metra SpA and Novelis Signs Anchor Customer Contract - 12 Sep, 2023

    Hindalco Industries Ltd has signed a technology partnership agreement with Italy-based Metra SpA to build high-speed aluminium rail coaches, while its subsidiary Novelis Inc. has signed an anchor customer contract with Ball Corporation.

  • Hindalco Industries Among Top Gainers List - 11 Sep, 2023

    Hindalco Industries Ltd was among the top 10 gainers list, rising by 9-16%. It also rose by 1.5-2.3% on September 11.

  • Hindalco Industries Lags in Market Performance - 08 Sep, 2023

    On September 8, 2023, Hindalco Industries Ltd. was among the top laggards in the stock market.

  • Hindalco Industries among top upgrades in analysts tracker - 07 Sep, 2023

    Moneycontrol's analysts tracker for August saw Hindalco Industries, JSW Steel and Tata Steel with the highest upgrades due to Chinese government support measures and better-than-expected growth. BSE Metal index reached a 17-month high.

  • Hindalco Industries Falls Amidst Weakness in Metal Stocks - 06 Sep, 2023

    Hindalco Industries Ltd's stock price declined amidst weakness in metal stocks due to profit-booking and slower-than-expected expansion of China's services sector.

  • Hindalco Identified as Thrust Stock by JM Financial - 05 Sep, 2023

    Hindalco Industries Ltd is identified as one of the 'thrust' stocks by JM Financial and is expected to continue its bullish trend.

  • Hindalco Acquires Stake in Renewable Energy Company - 04 Sep, 2023

    Hindalco Industries Ltd acquires a 26% stake in Seven Renewable Power Pvt Ltd and signs a power purchase agreement with Ayana Renewable Power.

  • Hindalco Industries Positioned to Tap Undersupplied North American Market - 02 Sep, 2023

    Increased investments in high-margin downstream units have strategically positioned Hindalco Industries to tap into the undersupplied North American 'CAN sheet' market.

  • Hindalco Among Top Gainers as Metals Index Rises - 01 Sep, 2023

    Hindalco Industries Ltd was among the top gainers in the Nifty 50 stock market as the metals index rose by 2.75% due to China's support for its property sector.

  • Hindalco Industries Ltd among top gainers - 31 Aug, 2023

    Hindalco Industries Ltd was among the top gainers on August 31, 2023, along with Jio Financial Services, Maruti, LTI Mindtree and HCL Tech.

  • Hindalco Among Top Gainers on Nifty - 30 Aug, 2023

    Shares of Hindalco Industries witnessed strong demand, resulting in it being one of the top gainers on Nifty. The easing dollar index also lifted shares of Tata Steel.

  • Hindalco Industries Among Top Gainers on Nifty - 29 Aug, 2023

    Hindalco Industries Ltd's stock gained over 2% and emerged as the top gainer on the Nifty50. The Nifty Metal index was also up over 1%, making it the best performing sectoral index of the day.

  • Hindalco Industries' Debt Levels Raise Concerns for Shareholders - 28 Aug, 2023

    An analysis of Hindalco Industries Limited's debt levels suggests that its use of debt is creating risks for the company, and shareholders may face severe dilution if lenders demand it to shore up its balance sheet.

  • Hindalco Industries Slips Amid Global Uncertainty - 25 Aug, 2023

    Hindalco Industries' stock price falls by 2% in the Nifty Metal index due to concerns over a slowdown in China's economy and weak Q1 performance. However, the company remains an attractive investment option due to its low valuation.

Analyst Rating

based on 20 analysts

BUY
95.00%
Buy
5.00%
Hold
0.00%
Sell

Based on 20 analysts offering long term price targets for Hindalco Industries Ltd. An average target of ₹529.35

Source: S&P Global Market Intelligence

Hindalco Industries Ltd Performance

  • ₹476.4
    ₹486.45
    ₹479.55
    downward going graph

    0.66%

    Downside

    Day's Volatility:2.10%

    Upside

    1.44%

    downward going graph
  • ₹358.8
    ₹508.9
    ₹479.55
    downward going graph

    25.18%

    Downside

    52 Weeks Volatility:31.30%

    Upside

    6.12%

    downward going graph
1 Month Return6.43 %
3 Month Return13.62 %
1 Year Return16.28 %
Previous Close₹478.30
Open₹479.00
Volume51.46L
Market Cap₹1,07,484.37Cr

Hindalco Industries Ltd Company Information

Hindalco Industries Ltd is an Indian metals and mining company that was incorporated in 1958. It is a part of the Aditya Birla Group and is headquartered in Mumbai, India. The company has operations in aluminium and copper, and is the world's largest aluminium rolling company.

Its top products include aluminium and copper products, such as ingots, billets, wire rods, rolled products and extrusions, as well as rolled and extruded products. The company also produces a range of popular brands, such as Birla Copper, Birla Aluminium, Birla Gold, Birla Steel, Birla Power, and Birla Carbon. Hindalco Industries Ltd is a leader in the metals and mining industry, and its products are used in a variety of industries, such as automotive, construction, electrical, and consumer goods.

Share Price: ₹479.55 per share as on 21 Sep, 2023 04:01 PM
Market Capitalisation: ₹1,07,484.37Cr as of today
Revenue: ₹56,211.00Cr as on March 2023 (Q1 23)
Net Profit: ₹2,411.00Cr as on March 2023 (Q1 23)
Listing date: 03 Nov, 1994
Chairperson Name: Kumar Mangalam Birla
OrganisationHindalco Industries Ltd
HeadquartersMumbai
IndustryNon Ferrous Metals
E-voting on sharesClick here to vote

Fundamentals of Hindalco Industries Ltd

Insights on Hindalco Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike
    img

    Netprofit is up for the last 2 quarters, 1.36K Cr → 2.41K Cr (in ₹), with an average increase of 43.5% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up
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    Foreign Institutions have increased holdings from 26.08% to 26.25% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up
    img

    Mutual Funds have increased holdings from 10.94% to 11.13% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise
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    In the last 3 years, HINDALCO stock has moved up by 186.2%

  • imgPOSITIVE IMPACT

    Revenue Rich
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    Revenue is up for the last 2 quarters, 53.51K Cr → 56.21K Cr (in ₹), with an average increase of 4.8% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up
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    Retail Investor have increased holdings from 8.63% to 8.70% in Jun 2023 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, Manaksia Ltd has given 75.3% return, outperforming this stock by 59.0%

  • imgNO EFFECT

    Promoter Holding Unchanged
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    Promoters holdings remained unchanged at 34.64% of holdings in Jun 2023 quarter

  • imgNO EFFECT

    Against Peers
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    In the last 3 years, Manaksia Ltd has given 244.3% return, outperforming this stock by 58.1%

Hindalco Industries Ltd Valuation

Hindalco Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.57x)

March 23, 2020

Today (12.60x)

September 20, 2023

Industry (18.81x)

September 20, 2023

Highest (39.92x)

December 4, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Equity Hybrid Fund Direct GrowthSBI Equity Hybrid Fund Direct Growth1.85%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth1.54%
ICICI Prudential Equity & Debt Fund Direct Plan GrowthICICI Prudential Equity & Debt Fund Direct Plan Growth1.7%
ICICI Prudential Bluechip Fund Direct Plan GrowthICICI Prudential Bluechip Fund Direct Plan Growth1.05%
SBI Multicap Fund Direct GrowthSBI Multicap Fund Direct Growth3.15%

Hindalco Industries Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
34.64%
0.00
Foreign Institutions
26.25%
0.64
Mutual Funds
11.13%
1.73
Retail Investors
8.7%
0.75
Others
19.29%
-2.14

Technicals of Hindalco Industries Ltd

News & Events of Hindalco Industries Ltd

QnA on Hindalco Industries Ltd

  • QuestionAsked on: 25 May, 2023

    Hindalco's net profit fell 48% YoY to Rs 832 crore in the March quarter of 2023. Did it declare any dividends for its shareholders?

    QnA Result : 26 May, 2023User Profile Icon1324 people participated in the quiz

    Hindalco declared a dividend of Rs 3 per share while announcing earnings for the quarter ended March 2023.

    83.46% of INDmoney users answered correctly

    Yes, Rs 3 per share
    83.46%blue tick
    Yes, Rs 2 per share
    9.82%
    No dividends
    6.72%

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Frequently Asked Questions

Hindalco Industries Ltd (HINDALCO) share price today is ₹479.55

  • Today’s highest price of Hindalco Industries Ltd is ₹486.45.
  • Today’s lowest price of Hindalco Industries Ltd is ₹476.4.

Today’s traded volume of Hindalco Industries Ltd(HINDALCO) is 51.46L.

Today’s market capitalisation of Hindalco Industries Ltd(HINDALCO) is ₹107484.37Cr.

Hindalco Industries Ltd(HINDALCOPrice
52 Week High
₹508.9
52 Week Low
₹358.8

Hindalco Industries Ltd(HINDALCO) share price is ₹479.55. It is down -5.77% from its 52 Week High price of ₹508.9

Hindalco Industries Ltd(HINDALCO) share price is ₹479.55. It is up 33.65% from its 52 Week Low price of ₹358.8

Hindalco Industries Ltd(HINDALCOReturns
1 Day Returns
1.25%
1 Month Returns
6.43%
3 Month Returns
13.62%
1 Year Returns
16.28%