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Hindalco Industries Ltd

(HINDALCO)

₹685.31.79%

as on 03:23PM, 16 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 25 analysts

BUY

88.00%

Buy

4.00%

Hold

8.00%

Sell

Based on 25 analysts offering long term price targets for Hindalco Industries Ltd. An average target of ₹742.24

Source: S&P Global Market Intelligence

Hindalco Industries Ltd Share analysis

Hindalco Industries Ltd price forecast by 25 analysts

Upside of10.25%

High

₹905

Target

₹742.24

Low

₹597

Hindalco Industries Ltd target price ₹742.24, a slight upside of 10.25% compared to current price of ₹685.3. According to 25 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹676.55
    ₹687.55
  • 52 Week's Low

    52 Week's High

    ₹448.75
    ₹715.25
1 Month Return+ 6.17 %
3 Month Return-0.81 %
1 Year Return+ 38.96 %
Previous Close₹673.25
Open₹685.65
Volume59.78L
Upper Circuit-
Lower Circuit-
Market Cap₹1,51,293.85Cr

Key Statistics

P/E Ratio13.88
PEG Ratio1.31
Market Cap₹1,51,293.85 Cr
P/B Ratio1.95
EPS45.74
Dividend Yield0.62
SectorNon Ferrous Metals
ROE6.05

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,51,293.85 Cr47.19%0.57₹10,155 Cr₹2,15,962 Cr
HOLD₹1,91,609.66 Cr65.01%0.64-₹4,910 Cr₹2,29,170 Cr
HOLD₹2,33,430.81 Cr64.6%0.73₹8,973 Cr₹1,75,006 Cr
BUY₹1,77,551.17 Cr41.09%0.74₹7,537 Cr₹1,43,727 Cr
SELL₹54,605.54 Cr59.28%0.73₹3,066 Cr₹1,05,378 Cr

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: ₹685.30 per share as on 16 Sep, 2024 03:23 PM
Market Capitalisation: ₹1,51,293.85Cr as of today
Revenue: ₹57,013.00Cr as on June 2024 (Q2 24)
Net Profit: ₹3,074.00Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Kumar Mangalam Birla
OrganisationHindalco Industries Ltd
HeadquartersMumbai
IndustryNon Ferrous Metals
E-voting on sharesClick here to vote

Key events for Hindalco Industries Ltd

  • CLSA Bullish on Hindalco's Earnings Growth - 13 Sep, 2024

    CLSA is optimistic about Hindalco Industries, projecting a target price of Rs 760 due to expected earnings improvements from ongoing expansion projects. The stock has gained significantly over the past year.

  • Hindalco's Performance and Capex Insights Discussed - 10 Sep, 2024

    Analyst Anand Tandon highlights Hindalco's international business stability and the implications of announced large capital expenditures on its performance.

  • Birla Estates Acquires Land from Hindalco Industries - 05 Sep, 2024

    Birla Estates' subsidiary, Ekamaya Properties, has acquired a prime land parcel from Hindalco Industries for development on Thane-Belapur Road, Mumbai.

  • Anti-Dumping Duty Recommended on Chinese Aluminium Foil - 02 Sep, 2024

    The Directorate General of Trade Remedies has recommended provisional anti-dumping duties on aluminium foil from China, following a complaint by domestic producers, including Hindalco.

  • DGTR Recommends Anti-Dumping Duty on Chinese Aluminium Foils - 31 Aug, 2024

    The DGTR has recommended imposing an anti-dumping duty on aluminium foils imported from China, following Hindalco's request due to market injury concerns. Chinese imports have captured 30% of the Indian market despite sufficient domestic capacity.

  • Hindalco Shares Breakout Signals Bullish Momentum - 27 Aug, 2024

    Hindalco Industries is experiencing bullish momentum after breaking above Rs 700. Analysts suggest a target of Rs 735-740, with a stop loss at Rs 690.

  • Brokerage Issues Buy Call on Hindalco Industries - 26 Aug, 2024

    A brokerage has issued a buy recommendation for Hindalco Industries with a target price of Rs 790, indicating a potential 15% return from the current price of Rs 685.05 over the next year.

  • Hindalco Seeks Copper Sourcing Amid Weekly Gains - 25 Aug, 2024

    Hindalco Industries, alongside Adani Enterprises, is looking to source copper from Mongolia but faces logistical issues. The company also topped weekly gainers in Nifty50.

  • Hindalco Plans Major $10 Billion Expansion Investment - 23 Aug, 2024

    Hindalco Industries plans to invest $10 billion in various expansion projects in India and the US, focusing on aluminum and copper smelting facilities, enhancing production capacity and sustainability.

  • Hindalco Announces $10 Billion Expansion Plans - 22 Aug, 2024

    Hindalco Industries plans to invest $10 billion in ongoing and upcoming projects in India and the U.S., focusing on aluminum and copper smelter expansions, new alumina refinery, and Novelis projects. The company maintains a strong balance sheet despite recent debt repayments.

  • Hindalco Allocates Rs 8,000 Crore for Upstream Projects - 21 Aug, 2024

    Hindalco has earmarked Rs 8,000 crore for upstream projects in Odisha, focusing on alumina expansion and future copper and aluminium smelter projects.

  • Hindalco Stock Shows Bullish Trend and Buy Recommendation - 20 Aug, 2024

    Prabhudas Lilladher : Hindalco Industries Ltd's stock is recommended for purchase in the ₹650-655 range, targeting ₹680 and ₹696, following a bullish trend despite recent corrections.

  • Motilal Oswal Reiterates Buy Rating on Hindalco - 16 Aug, 2024

    Motilal Oswal maintains a BUY rating on Hindalco Industries with a revised target price of Rs 750, citing strong financial performance and improved operational efficiency.

  • Hindalco Plans Upstream Expansion After Strong Q1 Results - 15 Aug, 2024

    Hindalco Industries Ltd. reported a 25% YoY increase in net profit for Q1, driven by improved cost control. The company plans to focus capital expenditures on upstream projects, including a new alumina refinery and brownfield expansion of its aluminium smelter.

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 26.82% to 27.18% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 53.08K Cr → 57.43K Cr (in ₹), with an average increase of 3.8% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, HINDALCO stock has moved up by 39.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 34.64% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, MMP Industries Ltd has given 123.0% return, outperforming this stock by 83.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, National Aluminium Company Ltd has given 90.1% return, outperforming this stock by 51.1%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 13.28% to 13.21% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 3.17K Cr → 3.07K Cr (in ₹), with an average decrease of 3.2% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 8.35% to 8.26% in Jun 2024 quarter

News

Maruti Suzuki plans one EV model every year, to launch first EV in January

Maruti Suzuki Ltd. reported a 47% rise in net profit for Q1 FY25, reaching Rs 3,650 crore due to increased SUV sales and cost-saving measures. The company aims to launch one electric vehicle each year, starting in 2025. CNG vehicle sales climbed, overtaking diesel for the first time during this quarter, reflecting strong market demand.01 Aug, 2024 08:06 AM

Buy Maruti Suzuki India, target price Rs 15160: Motilal Oswal

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 412364.13 Crore) operating in Auto sector.01 Aug, 2024 09:18 AM

Maruti Suzuki India shares extend gains after brokerages issue targets past ₹16,000

12 out of the 46 analysts that have coverage on Maruti Suzuki now have price targets in excess of ₹15,000 for the stock.01 Aug, 2024 09:40 AM
View More

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹52,991.00Cr (-)₹54,169.00Cr (↑2.22%)₹52,808.00Cr (↓2.51%)₹55,994.00Cr (↑6.03%)₹57,013.00Cr (↑1.82%)
Net Income₹2,454.00Cr (-)₹2,196.00Cr (↓10.51%)₹2,331.00Cr (↑6.15%)₹3,174.00Cr (↑36.16%)₹3,074.00Cr (↓3.15%)
Net Profit Margin4.63% (-)4.05% (↓12.53%)4.41% (↑8.89%)5.67% (↑28.57%)5.39% (↓4.94%)
Value in ₹ crore
Details2021202220232024
Total Assets₹92,488.00Cr (-)₹1,02,942.00Cr (↑11.30%)₹99,137.00Cr (↓3.70%)₹98,512.00Cr (↓0.63%)
Total Liabilities₹42,424.00Cr (-)₹48,514.00Cr (↑14.36%)₹40,648.00Cr (↓16.21%)₹34,805.00Cr (↓14.37%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,786.00Cr (-)₹5,564.00Cr (↑99.71%)₹5,208.00Cr (↓6.40%)₹4,836.00Cr (↓7.14%)₹8,112.00Cr (↑67.74%)

Index Inclusions

Nifty50 Value 20

₹14,393.10

0.25 (36.6%)

S&P BSE Dividend Stability

₹1,115.33

0.11 (1.24%)

NIFTY 100

₹26,457.05

0.14 (37.15%)

BSE 100

₹26,899.59

0.1 (26.6%)

BSE 200

₹11,770.31

0.16 (18.77%)

S&P BSE Enhanced Value

₹991.89

-0.04 (-0.41%)

S&P BSE SENSEX 50

₹26,681.15

0.13 (35.28%)

Nifty100 Eq Weig

₹34,799.85

0.06 (21.85%)

S&P BSE 100 ESG

₹418.81

0.17 (0.71%)

Nifty 200

₹14,418.35

0.19 (26.95%)

Nifty Metal

₹9,431.15

0.65 (60.5%)

Nifty LargeMidcap 250

₹16,759.25

0.27 (44.4%)

BSE MFG

₹1,112.35

-0.05 (-0.54%)

S&P BSE 250 LargeMidCap

₹11,173.77

0.15 (17.04%)

NIFTY 50

₹25,387.15

0.12 (30.65%)

S&P BSE Largecap

₹9,928.01

0.13 (13.1%)

S&P BSE Metal

₹32,112.04

0.76 (243.45%)

Nifty Commodities

₹9,419.00

0.65 (60.95%)

S&P BSE Commodities

₹7,777.16

0.31 (24.38%)

S&P BSE 100 LargeCap TMC

₹9,521.96

0.13 (11.89%)

BSE 500

₹37,812.69

0.15 (55.75%)

S&P BSE AllCap

₹11,069.71

0.15 (16.92%)

Nifty 500

₹23,973.55

0.19 (45.35%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
34.64%
0.00
Foreign Institutions
27.18%
1.31
Mutual Funds
13.21%
-0.55
Retail Investors
8.26%
-1.14
Others
16.72%
-1.09

Key Indicators

Details20202021202220232024
Earning Per Share (₹)16.9715.6961.8545.4845.74
Details20202021202220232024
Return On Equity %1.321.2510.545.896.05
Details20202021202220232024
Return On Assets %4.453.7713.3410.1810.31
Details20202021202220232024
Book Value Per Share (₹)262.67299.68352.19427.04478.12

Hindalco Industries Ltd Valuation

Hindalco Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.57x)

March 23, 2020

Today (13.88x)

September 13, 2024

Industry (33.88x)

September 13, 2024

Highest (39.92x)

December 4, 2020

LowHigh

Earnings and Dividends

  • Hindalco Industries Ltd Earnings Results

    Hindalco Industries Ltd’s net profit jumped 25.26% since last year same period to ₹3,074Cr in the Q1 2024-2025. On a quarterly growth basis, Hindalco Industries Ltd has generated -3.15% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Hindalco Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Hindalco Industries Ltd has declared dividend of ₹3.50 - translating a dividend yield of 0.97%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Hindalco Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Hindalco Industries Ltd (HINDALCO) share price today is ₹685.3

Hindalco Industries Ltd is listed on NSE

Hindalco Industries Ltd is listed on BSE

  • Today’s highest price of Hindalco Industries Ltd is ₹687.55.
  • Today’s lowest price of Hindalco Industries Ltd is ₹676.55.

PE Ratio of Hindalco Industries Ltd is 13.88

PE ratio = Hindalco Industries Ltd Market price per share / Hindalco Industries Ltd Earnings per share

Today’s traded volume of Hindalco Industries Ltd(HINDALCO) is 59.78L.

Today’s market capitalisation of Hindalco Industries Ltd(HINDALCO) is ₹151293.85Cr.

Hindalco Industries Ltd(HINDALCOPrice
52 Week High
₹715.25
52 Week Low
₹448.75

Hindalco Industries Ltd(HINDALCO) share price is ₹685.3. It is down -4.19% from its 52 Week High price of ₹715.25

Hindalco Industries Ltd(HINDALCO) share price is ₹685.3. It is up 52.71% from its 52 Week Low price of ₹448.75

Hindalco Industries Ltd(HINDALCOReturns
1 Day Returns
12.05%
1 Month Returns
6.17%
3 Month Returns
-0.81%
1 Year Returns
38.96%