🔔 Rating Alert
Citi resumes coverage on Hindalco with a 'Buy' rating and target price of Rs 725, indicating a potential 17% upside.
Hindalco Analyst Rating
based on 27 analysts
81.48%
Buy
0.00%
Hold
18.52%
Sell
Based on 27 analysts offering long term price targets for Hindalco. An average target of ₹735.56
Source: S&P Global Market Intelligence
Hindalco Share analysis
Hindalco price forecast by 27 analysts
Upside of18.99%
High
₹905
Target
₹735.56
Low
₹455
Hindalco target price ₹735.56, a slight upside of 18.99% compared to current price of ₹614.95. According to 27 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Hindalco revenue growth forecast
Expected growth rate Q1, FY2027:17.97%
Forecast
Actual
Including amortisation and stock based compensations
Hindalco EPS growth forecast
EPS estimate Q1, FY2027:48.60%
Forecast
Actual
Source: S&P Global Market Intelligence
Hindalco Performance
Day's Low
Day's High
₹613.45Day's Price Range₹628.3552 Week's Low
52 Week's High
₹496.3552-Week Price Range₹772.65
| Returns % | |
| 1 Month Return | -2.52 % |
| 3 Month Return | -16.42 % |
| 1 Year Return | + 14.18 % |
| Market Stats | |
| Previous Close | ₹618.15 |
| Open | ₹626.05 |
| Volume | 35.30L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,38,912.31Cr |
Hindalco Key Statistics
| P/E Ratio | 11 |
| PEG Ratio | 0.6 |
| Market Cap | ₹1,38,912.31 Cr |
| P/B Ratio | 1.95 |
| EPS | 45.74 |
| Dividend Yield | 0.62 |
| Sector | Non Ferrous Metals |
| ROE | 6.05 |
Hindalco Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,38,912.31 Cr | 40.26% | 0.57 | ₹10,155 Cr | ₹2,15,962 Cr | |
| BUY | ₹1,64,358.12 Cr | 35.3% | 0.64 | -₹4,910 Cr | ₹2,29,170 Cr | |
| BUY | ₹2,24,786.13 Cr | 48.79% | 0.73 | ₹8,973 Cr | ₹1,75,006 Cr | |
| BUY | ₹1,80,249.34 Cr | 39.9% | 0.74 | ₹7,537 Cr | ₹1,43,727 Cr | |
| ₹45,382.08 Cr | 24.12% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr |
About Hindalco
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: ₹614.95 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹1,38,912.31Cr as of today
Revenue: ₹58,203.00Cr as on September 2024 (Q3 24)
Net Profit: ₹3,909.00Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Kumar Mangalam Birla
| Organisation | Hindalco |
| Headquarters | Mumbai |
| Industry | Non Ferrous Metals |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
05:30 AM
-Citi resumes coverage on Hindalco with a 'Buy' rating and target price of Rs 725, indicating 17% upside potential.
Key events for Hindalco Industries Ltd
Citi Rates Hindalco 'Buy' with Target Price - 21 Jan, 2025
Citi has resumed coverage on Hindalco Industries, rating it a 'Buy' with a target price of Rs 725, citing positive industry tailwinds and diversification strategies. The stock is expected to benefit from higher aluminum prices and operational improvements.Hindalco Gains Momentum with Strategic Investments - 20 Jan, 2025
Hindalco Industries Ltd shows strong performance, rising for five consecutive sessions and committing to significant investments. Analysts recommend buying with a target price of ₹640.Hindalco's Green Initiatives and Analyst Recommendations - 17 Jan, 2025
Hindalco Industries plans to replace diesel vehicles with electric ones across its plants, aiming for net-zero emissions. An analyst has also recommended a BUY rating on Hindalco shares.Hindalco Industries Rises for Third Straight Session - 16 Jan, 2025
Hindalco Industries Ltd increased by 1.99% today, marking its third consecutive session of gains. The stock is currently priced at Rs 603.3, with a 7.68% rise over the past year, despite a 5.65% drop in the last month. The Nifty Metal index has also seen a decline of 8.65% in the same period.Hindalco's Novelis Renews Aerospace Partnership - 15 Jan, 2025
Novelis Inc., a subsidiary of Hindalco Industries, has renewed its partnership with thyssenkrupp Aerospace for the supply of specialized aerospace-grade aluminium, enhancing its market position.Hindalco's Novelis to Raise $750 Million in Bonds - 10 Jan, 2025
Hindalco Industries' subsidiary, Novelis Inc, intends to raise $750 million via bond issuance to repay $738 million in debt and enhance liquidity. Additionally, the profitability outlook for Hindalco's US operations is under observation, with JPMorgan adjusting the target price to Rs 435 from Rs 470.Hindalco Faces Challenges Amid Novelis Bond Offering - 09 Jan, 2025
Hindalco shares fluctuated as Novelis announced a $750 million bond offering to repay debt. Analysts maintain a SELL rating due to declining EBITDA forecasts. Despite recent gains, shares have slipped 15% over three months, reflecting ongoing challenges in the market.Novelis to Offer $500 Million in Notes - 08 Jan, 2025
Novelis Inc, a subsidiary of Hindalco, announced a private offering of $500 million in senior unsecured notes due 2030, mainly to repay borrowings.Jefferies Maintains Buy Rating for Hindalco - 06 Jan, 2025
Jefferies has reiterated a Buy rating for Hindalco Industries with a target price of ₹800/share, anticipating an 18.5% upside driven by improving demand in the metals sector in 2025.Hindalco Secures Meenakshi Coal Mine Allocation - 31 Dec, 2024
Hindalco Industries announced the allocation of the Meenakshi Coal Mine in Odisha, with plans to commence production by CY2028. The mine's favorable stripping ratio enhances cost-effectiveness and sustainability, supporting the company's operations. Additionally, Hindalco's Q2 FY25 net profit surged 78.01% year-over-year, reflecting strong revenue growth.Hindalco Faces GST Penalty but Plans Appeal - 29 Dec, 2024
Hindalco Industries has been fined ₹47.74 lakh by GST authorities over disallowed transitional Cenvat Credits. The company intends to appeal the decision, asserting a strong case.Hindalco Secures Major Coal Mine Allocation - 27 Dec, 2024
Hindalco Industries has been awarded the Meenakshi Coal Mine, which has a peak capacity of 12 MTPA. The project involves ₹1,800 crore investment, expected to generate ₹1,152.84 crore annually and create 16,224 jobs, boosting India's energy security and economic growth.Hindalco Faces GST Demand Order from Odisha Authority - 26 Dec, 2024
Hindalco Industries received a GST demand order of Rs 52.66 crore from the Odisha tax authority. The company plans to appeal, asserting no material impact on operations or finances.Hindalco Schedules Q3 Results Amid Strong Profit Growth - 25 Dec, 2024
Hindalco Industries will report its Q3 FY25 results on February 13, 2025, after 3:30 PM. The company recently posted a 123% increase in Q2 net profit to Rs 1,891 crore, driven by strong operational performance and cost management.Hindalco Focuses on Manufacturing Growth Opportunities - 23 Dec, 2024
Hindalco Industries' CEO highlights the critical need for scaling manufacturing opportunities. Meanwhile, shares of steelmakers, including Hindalco, rose after DGTR's investigation into safeguard duties on imports.
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 IMPACTRevenue Rich
Revenue is up for the last 4 quarters, 53.08K Cr → 59.27K Cr (in ₹), with an average increase of 3.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 12.86% to 13.29% in Dec 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 8.04% to 8.29% in Dec 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 3.07K Cr → 3.90K Cr (in ₹), with an average increase of 21.4% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 34.64% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Enkei Wheels India Ltd has given 89.1% return, outperforming this stock by 77.8%
- NO EFFECT
Against Peers
In the last 1 year, MMP Industries Ltd has given 46.1% return, outperforming this stock by 48.0%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 28.58% to 28.03% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, HINDALCO stock has moved down by -24.1%
News
24 Companies Commit Rs 3,516 Crore Under PLI Scheme
Six existing PLI beneficiaries have been provisionally selected to upgrade to higher investment categories, committing an additional investment of Rs1,217 crore. These include companies such as Hindalco, LG Electronics, Blue Star and Voltas.21 Jan, 2025 12:36 PMStocks to Buy Today: Hindalco and Zomato Outlook
Citi resumed coverage on Hindalco, naming it the top pick in the metals space.21 Jan, 2025 10:28 AMCopper's Role in Future Mobility Highlighted at Bharat Mobility Global Expo 2025
At Hindalco, we are well-positioned to meet the growing copper demand driven by advancements in the Indian automotive sector. By partnering with all stakeholders, we aim to support innovations across the spectrum-from charging infrastructure to high-end products, India will require, including EV batteries and electric drivetrains.21 Jan, 2025 10:20 AMHindalco Financials
Index Inclusions
Hindalco Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 34.64% | 0.00 | |
| Foreign Institutions | 28.03% | ||
| Mutual Funds | 13.29% | 3.32 | |
| Retail Investors | 8.29% | 3.02 | |
| Others | 15.75% |
Hindalco Key Indicators
Hindalco Valuation
Hindalco in the last 5 years
Lowest (4.57x)
March 23, 2020
Today (11.00x)
January 20, 2025
Industry (31.58x)
January 20, 2025
Highest (39.92x)
December 4, 2020
Hindalco Earnings and Dividends
Hindalco Industries Ltd Earnings Results
Hindalco Industries Ltd’s net profit jumped 78.01% since last year same period to ₹3,909Cr in the Q2 2024-2025. On a quarterly growth basis, Hindalco Industries Ltd has generated 27.16% jump in its net profits since last 3-months.
Read More about Earnings ResultsHindalco 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 1.06%.
Read More about Dividends
Hindalco Technicals Summary
Bearish
Neutral
Bullish
Hindalco Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Hindalco Industries Ltd
Hindalco Industries Ltd share price today stands at ₹614.95, Open. ₹626.05 ; Previous Close. ₹618.15 ; High. ₹628.35 ; Low. ₹613.45 ; 52 Week High. ₹772.65 ; 52 Week Low: ₹496.35.
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Hindalco Industries Ltd is listed on NSE
Hindalco Industries Ltd is listed on BSE
- Today’s highest price of Hindalco Industries Ltd is ₹628.35.
- Today’s lowest price of Hindalco Industries Ltd is ₹613.45.
PE Ratio of Hindalco Industries Ltd is 11
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 35.30L.
Today’s market capitalisation of Hindalco Industries Ltd(HINDALCO) is ₹138912.31Cr.
| Hindalco Industries Ltd(HINDALCO | Price |
|---|---|
52 Week High | ₹772.65 |
52 Week Low | ₹496.35 |
Hindalco Industries Ltd(HINDALCO) share price is ₹614.95. It is down -20.41% from its 52 Week High price of ₹772.65
Hindalco Industries Ltd(HINDALCO) share price is ₹614.95. It is up 23.89% from its 52 Week Low price of ₹496.35
| Hindalco Industries Ltd(HINDALCO | Returns |
|---|---|
1 Day Returns | -3.2% |
1 Month Returns | -2.52% |
3 Month Returns | -16.42% |
1 Year Returns | 14.18% |