₹646.8▲1.68%
2.89%
Low
Day's Volatility:3.12%
High
0.22%
38.50%
Low
52 Weeks Volatility:38.72%
High
0.22%
Returns % | |
1 Month Return | 13.86 % |
3 Month Return | 12.15 % |
1 Year Return | 48 % |
Market Stats | |
Previous Close | ₹636.10 |
Open | ₹635.70 |
Volume | 1.19Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹1,42,945.44Cr |
based on 22 analysts
Based on 22 analysts offering long term price targets for Hindalco Industries Ltd. An average target of ₹608.95
Source: S&P Global Market Intelligence
Organisation | Hindalco Industries Ltd |
Headquarters | Mumbai |
Industry | Non Ferrous Metals |
E-voting on shares | Click here to vote |
Key events for Hindalco Industries Ltd
Prabhudas Lilladher has given a buy call on Hindalco Industries with a target price of Rs 658. The company reported a consolidated total income of Rs 53,088 crore for the quarter ended December 31, 2023, down -2.83% from the last quarter and -.80% from the same quarter last year. Promoters hold 34.64% stake in the company as of March 31, 2024.
Hindalco Industries Stock Rallies 17% in a Month - 18 Apr, 2024
Shares of Hindalco Industries have rallied 17% in the last month, erasing all losses to turn positive for 2024. JPMorgan issued an overweight call on the stock and raised its price target to ₹665 from ₹600 earlier, citing a constructive non-ferrous setup and increased price forecast for aluminium and zinc. Out of 27 analysts tracking Hindalco, 24 recommend buying the stock.
Hindalco Stock Shows Bullish Momentum Amid Global Aluminium Price Surge - 16 Apr, 2024
Hindalco Industries' stock has exhibited bullish momentum with a fresh breakout seen above a Symmetrical Triangle pattern. Short-term traders can look to buy the stock now or on dips for a possible target of Rs 700 in 2 months. However, the stock also shows signs of weakness at higher levels. Additionally, Hindalco and NALCO stocks increased due to soaring global aluminium prices following new US and UK restrictions on Russian metals.
Hindalco Gains Amid Red Market - 15 Apr, 2024
Hindalco Industries gained amid a bearish market as Prabhudas Lilladher predicts a YoY increase of 33.6% in net profit. The London Metal Exchange's ban on Russian metal production also boosted trading. Over 150 stocks touched their 52-week high.
Hindalco's ROCE Remains Flat - 12 Apr, 2024
Hindalco Industries' Return on Capital Employed (ROCE) has remained relatively flat at around 9.6% over the past five years, which is a low return and under-performs the Metals and Mining industry average of 15%. If the underlying trends persist, the company may not be a multi-bagger going forward.
Jefferies Raises Target Price for Hindalco as Stock Rises - 10 Apr, 2024
Jefferies has raised its target price for Hindalco Industries Ltd by 20% to Rs 700 due to rising metal demand. The stock has risen around 12.05% in the last month and is up 43.22% in the last year. Meanwhile, Jefferies upheld buy ratings on Hindalco Industries stocks.
Hindalco Industries Rises on News of Potential Increase in Anti-Dumping Duty - 01 Apr, 2024
Shares of Hindalco Industries rose nearly 2.50% after news that the Indian government may increase anti-dumping duty on aluminum foil imported from Thailand, which could benefit Hindalco.
Hindalco Included in T+0 Settlement System; Adani to Bridge Domestic Production Gap - 28 Mar, 2024
Hindalco Industries will now be part of the T+0 settlement system, while Adani's new copper production capacity could fill the gap left by Vedanta's Sterlite Copper unit closure.
India Initiates Anti-Dumping Probe on Aluminium Foil Import; Hindalco Crosses Two-Month Highs - 27 Mar, 2024
Hindalco Industries crosses two-month highs as it is expected to cover the whole gap. India's anti-dumping probe into imported aluminium foil from China follows complaints by domestic players including Hindalco.
Fundamentals of Hindalco Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 12.86% to 13.28% in Mar 2024 quarter
Profit Spike
Netprofit is up for the last 2 quarters, 2.19K Cr → 2.33K Cr (in ₹), with an average increase of 5.8% per quarter
Retail Holding Up
Retail Investor have increased holdings from 7.85% to 8.35% in Mar 2024 quarter
Price Rise
In the last 1 month, HINDALCO stock has moved up by 13.9%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 34.64% of holdings in Mar 2024 quarter
Against Peers
In the last 3 years, Arfin India Ltd has given 753.9% return, outperforming this stock by 671.3%
Against Peers
In the last 1 year, Arfin India Ltd has given 155.7% return, outperforming this stock by 107.7%
FII Holding Down
Foreign Institutions have decreased holdings from 27.89% to 26.82% in Mar 2024 quarter
Revenue Fall
Revenue is down for the last 2 quarters, 54.66K Cr → 53.08K Cr (in ₹), with an average decrease of 2.9% per quarter
Hindalco Industries Ltd in the last 5 years
Lowest (4.57x)
March 23, 2020
Today (15.04x)
April 24, 2024
Industry (25.55x)
April 24, 2024
Highest (39.92x)
December 4, 2020
Funds | Holdings |
SBI Equity Hybrid Fund Direct Growth | 2.08% |
ICICI Prudential Bluechip Fund Direct Plan Growth | 1.11% |
SBI Bluechip Fund Direct Growth | 1.25% |
ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 0.97% |
SBI Multicap Fund Direct Growth | 3.38% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 34.64% | 0.00 | |
Foreign Institutions | 26.82% | 0.00 | |
Mutual Funds | 13.28% | 0.00 | |
Retail Investors | 8.35% | 0.00 | |
Others | 16.9% | 0.00 |
Technicals of Hindalco Industries Ltd share
News & Events of Hindalco Industries Ltd
News
Societe Generale Buys Stake In Bandhan Bank For Rs 219 Crore
23 Apr, 2024 09:22 PMIn other trades, Foregin investor Ardisia sold stake in Ujjivan Financial Services
23 Apr, 2024 09:23 PMA total of 467,120 shares changed hands on the counter till 10:35AM (IST)
24 Apr, 2024 10:35 AMHindalco Industries Ltd (HINDALCO) share price today is ₹646.8
Hindalco Industries Ltd is listed on NSE
Hindalco Industries Ltd is listed on BSE
PE Ratio of Hindalco Industries Ltd is 15.04
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 1.19Cr.
Today’s market capitalisation of Hindalco Industries Ltd(HINDALCO) is ₹142945.44Cr.
Hindalco Industries Ltd(HINDALCO | Price |
---|---|
52 Week High | ₹648.25 |
52 Week Low | ₹397.8 |
Hindalco Industries Ltd(HINDALCO) share price is ₹646.8. It is down -0.22% from its 52 Week High price of ₹648.25
Hindalco Industries Ltd(HINDALCO) share price is ₹646.8. It is up 62.59% from its 52 Week Low price of ₹397.8
Hindalco Industries Ltd(HINDALCO | Returns |
---|---|
1 Day Returns | 10.7% |
1 Month Returns | 13.86% |
3 Month Returns | 12.15% |
1 Year Returns | 48% |