Hindalco Industries Ltd (HINDALCO)
₹479.55▲0.26%
Overview of Hindalco Industries Ltd
What's happening in Hindalco Industries Ltd
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
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
0.66%
Downside
Day's Volatility:2.10%
Upside
1.44%
- ₹358.8₹508.9₹479.55
25.18%
Downside
52 Weeks Volatility:31.30%
Upside
6.12%
| Returns % | |
| 1 Month Return | 6.43 % |
| 3 Month Return | 13.62 % |
| 1 Year Return | 16.28 % |
| Market Stats | |
| Previous Close | ₹478.30 |
| Open | ₹479.00 |
| Volume | 51.46L |
| Market Cap | ₹1,07,484.37Cr |
Hindalco Industries Ltd Company Information
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
| Organisation | Hindalco Industries Ltd |
| Headquarters | Mumbai |
| Industry | Non Ferrous Metals |
| E-voting on shares | Click 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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 1.36K Cr → 2.41K Cr (in ₹), with an average increase of 43.5% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 26.08% to 26.25% in Jun 2023 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.94% to 11.13% in Jun 2023 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, HINDALCO stock has moved up by 186.2%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 53.51K Cr → 56.21K Cr (in ₹), with an average increase of 4.8% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 8.63% to 8.70% in Jun 2023 quarter
NO EFFECTAgainst Peers
In the last 1 year, Manaksia Ltd has given 75.3% return, outperforming this stock by 59.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 34.64% of holdings in Jun 2023 quarter
- NO EFFECT
Against Peers
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
Lowest (4.57x)
March 23, 2020
Today (12.60x)
September 20, 2023
Industry (18.81x)
September 20, 2023
Highest (39.92x)
December 4, 2020
Mutual Fund Holdings
| Funds | Holdings |
 SBI Equity Hybrid Fund Direct Growth | 1.85% |
| SBI Bluechip Fund Direct Growth | 1.54% |
 ICICI Prudential Equity & Debt Fund Direct Plan Growth | 1.7% |
| ICICI Prudential Bluechip Fund Direct Plan Growth | 1.05% |
| SBI Multicap Fund Direct Growth | 3.15% |
Hindalco Industries Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 2 periods | 3M 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% |
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, 2023
1324 people participated in the quizHindalco 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 share83.46%
Yes, Rs 2 per share9.82%No dividends6.72%
Hindalco Industries Ltd Blogs
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21 Sep, 2023 08:04 AMFrequently 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(HINDALCO | Price |
|---|---|
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(HINDALCO | Returns |
|---|---|
1 Day Returns | 1.25% |
1 Month Returns | 6.43% |
3 Month Returns | 13.62% |
1 Year Returns | 16.28% |