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Hindalco Industries Ltd share price logo

Hindalco Industries Ltd

(HINDALCO)

₹622.651.06%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Hindalco Industries Ltd Analyst Rating

based on 27 analysts

BUY

74.07%

Buy

3.70%

Hold

22.22%

Sell

Based on 27 analysts offering long term price targets for Hindalco Industries Ltd. An average target of ₹740.22

Source: S&P Global Market Intelligence

Hindalco Industries Ltd Share analysis

Hindalco Industries Ltd price forecast by 27 analysts

Upside of17.62%

High

₹905

Target

₹740.22

Low

₹471

Hindalco Industries Ltd target price ₹740.22, a slight upside of 17.62% compared to current price of ₹622.65. According to 27 analysts rating.

Source: S&P Global Market Intelligence

Hindalco Industries Ltd Performance

  • Day's Low

    Day's High

    ₹620.7
    Day's Price Range
    ₹640.6
  • 52 Week's Low

    52 Week's High

    ₹496.35
    52-Week Price Range
    ₹772.65
1 Month Return-2.89 %
3 Month Return-8.86 %
1 Year Return+ 13.14 %
Previous Close₹629.35
Open₹629.35
Volume59.64L
Upper Circuit-
Lower Circuit-
Market Cap₹1,42,249.44Cr

Hindalco Industries Ltd Key Statistics

P/E Ratio11.19
PEG Ratio0.61
Market Cap₹1,42,249.44 Cr
P/B Ratio1.95
EPS45.74
Dividend Yield0.62
SectorNon Ferrous Metals
ROE6.05

Hindalco Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,42,249.44 Cr38.5%0.57₹10,155 Cr₹2,15,962 Cr
HOLD₹1,80,337.03 Cr41.99%0.64-₹4,910 Cr₹2,29,170 Cr
BUY₹2,31,547.81 Cr50.23%0.73₹8,973 Cr₹1,75,006 Cr
BUY₹1,94,248.53 Cr46.64%0.74₹7,537 Cr₹1,43,727 Cr
SELL₹49,487.82 Cr38%0.73₹3,066 Cr₹1,05,378 Cr

About Hindalco Industries Ltd

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: ₹622.65 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,42,249.44Cr 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
OrganisationHindalco Industries Ltd
HeadquartersMumbai
IndustryNon Ferrous Metals
E-voting on sharesClick here to vote

Key events for Hindalco Industries Ltd

  • Hindalco Partners with Metra for Rail Coach Technology - 20 Dec, 2024

    Hindalco Industries has entered a technology partnership with Italy's Metra to develop high-speed aluminium rail coaches, leveraging Metra's expertise in aluminium extrusion and fabrication.
  • Hindalco Anticipates Duty Relief in Upcoming Budget - 12 Dec, 2024

    Hindalco Industries Ltd shares are expected to be in focus as the domestic aluminium industry anticipates potential duty relief on raw material imports in the upcoming Union Budget.
  • Hindalco Shares Dip After Initial Gains - 10 Dec, 2024

    Hindalco Industries Ltd experienced a mixed trading session on December 10, 2024. Although shares opened higher, they quickly fell into the red following subdued reactions in metal stocks after Chinese officials announced plans for economic reforms.
  • Hindalco Certified for Copper Cathode Supply - 06 Dec, 2024

    Hindalco Industries Ltd is among four domestic suppliers certified by BIS to supply copper cathode to the Indian market, enhancing its market position.
  • Axis Direct Sets Target for Hindalco Industries - 05 Dec, 2024

    Axis Direct has identified Hindalco Industries Ltd as a stock to watch, recommending a target price of Rs 707 with specific entry points for investors.
  • Hindalco Advances in Sustainability and EV Initiatives - 02 Dec, 2024

    Hindalco is involved in a government initiative to boost EV battery production while also achieving a 3% reduction in emissions through renewable energy integration.
  • Hindalco Positioned for Growth Amid Supply Chain Challenges - 28 Nov, 2024

    Hindalco, part of the Aditya Birla Group, is a leading global aluminium producer with strong growth in net sales and profits. The company focuses on downstream expansions and value-added products to enhance profitability and mitigate price fluctuations. Its subsidiary, Novelis, is the world's largest aluminium recycler, contributing to its robust market position.
  • Hindalco Reports Strong Growth and Expansion Plans - 27 Nov, 2024

    Hindalco Industries, a leading aluminium producer, has shown robust growth with a CAGR of 10.6% in net sales. The company aims for downstream expansions and increased profitability through value-added products, while also benefiting from rising aluminium prices and strong copper demand.
  • Hindalco Reports Strong Financial Growth in Q2 - 22 Nov, 2024

    Hindalco Industries shows robust financial performance with a 7.5% revenue increase in H1FY25 and a significant 78.01% rise in net profit for September 2024. Operating margins also improved notably.
  • Hindalco Shares Rise, Market Cap Gains Significantly - 21 Nov, 2024

    Hindalco Industries experienced a 1.21% increase in share price, resulting in a market cap gain of Rs 1,745 crore, driven by strong fundamentals and sector growth.

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 27.18% to 28.58% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 3.07K Cr → 3.90K Cr (in ₹), with an average increase of 21.4% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 53.08K Cr → 59.27K Cr (in ₹), with an average increase of 3.6% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, National Aluminium Company Ltd has given 101.4% return, outperforming this stock by 89.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, MMP Industries Ltd has given 154.6% return, outperforming this stock by 108.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 8.26% to 8.04% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, HINDALCO stock has moved down by -5.3%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 13.21% to 12.86% in Sep 2024 quarter

News

Factors Behind the Rise in Dr Reddys Share Price

Recently, Dr Reddys share price has gained significant attention. Over the last five days, its share price surged 7.6%. Dr Reddys Laboratories is gaining attention due to its strategic focus on long-term growth and emerging markets. Despite underperforming against the Nifty Pharma Index over the last 1-5 years, international brokerage firms have upgraded their price targets for the company. This upgrade indicates confidence in Dr Reddys ability to overcome near-term hurdles and leverage future growth opportunities. The stocks recent challenges stem from heavy dependence on gRevlimid, whose sales are expected to decline by FY26, and increased overheads linked to rising investments in R&D, biosimilar trials, and manufacturing upgrades. These investments have led to temporary pressure on profit margins. For instance, earnings before interest, tax, depreciation, and amortisation (EBITDA) margins are forecasted to remain slightly under the pressure through FY27. However, analysts project accelerated earnings growth starting FY28 as new revenue streams such as GLP-1 APIs, biosimilars, and injectables mature. Dr Reddys is expanding its manufacturing infrastructure, focusing on high-demand areas like peptide APIs and injectables. It is also poised to capitalise on low-competition injectable launches in the US and growth in emerging markets, including India and Canada. The Canadian semaglutide market, estimated at US $ 1-1.5 billion (bn), offers a significant opportunity post the 2026 patent expiry. The companys ability to transition from near-term challenges to medium and long-term growth is driving investor optimism. Strategic investments, new market opportunities, and innovative initiatives position Dr Reddys for sustained growth, contributing to its recent share price surge. In the past five days, Dr Reddys share price is up 6.9%. In the last month, it has rallied 12.5%. In 2024, so far it has rallied 15.5%. Additionally, it surged 20.6% in the last year. The stock touched its 52-week high of Rs 1,420.2 on 21 August 2024 and a 52-week low of Rs 1,094.9 on 21 December 2023.20 Dec, 2024 06:13 PM

Stock Market Crash: Nifty Stocks with Positive Returns This Week

Dr Reddys Laboratories was recently upgraded by Nomura, with a price target of ₹1,500 per share. Nomura believes concerns about the high contribution of Revlimid have already been priced in. In the first half of the 2024-25 fiscal year, a large part of the companys growth was driven by initiatives, including clinical trials for biosimilars. The brokerage highlighted that Dr. Reddys Laboratories has significantly increased investments in manufacturing infrastructure, with its capex more than doubling in FY25. Moreover, the potential upside from GLP-1 and biosimilars has not been fully accounted for in FY27 estimates.20 Dec, 2024 04:48 PM

Indian Equity Indices End Week Lower: Key Gainers and Losers

The top gainers on the Nifty included Dr. Reddys Laboratories, which surged by 1.49 per cent.20 Dec, 2024 04:12 PM
View More

Hindalco Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹54,169.00Cr (-)₹52,808.00Cr (↓2.51%)₹55,994.00Cr (↑6.03%)₹57,013.00Cr (↑1.82%)₹58,203.00Cr (↑2.09%)
Net Income₹2,196.00Cr (-)₹2,331.00Cr (↑6.15%)₹3,174.00Cr (↑36.16%)₹3,074.00Cr (↓3.15%)₹3,909.00Cr (↑27.16%)
Net Profit Margin4.05% (-)4.41% (↑8.89%)5.67% (↑28.57%)5.39% (↓4.94%)6.72% (↑24.68%)
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

BSE 100

₹25,006.81

-1.76 (-448.2%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

S&P BSE Enhanced Value

₹888.67

-2.01 (-18.25%)

S&P BSE Metal

₹29,624.43

-1.73 (-522.96%)

S&P BSE 100 ESG

₹392.41

-1.54 (-6.13%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

S&P BSE SENSEX 50

₹24,813.30

-1.55 (-390.31%)

Nifty Commodities

₹8,188.45

-1.93 (-160.75%)

Nifty50 Value 20

₹13,485.60

-1.38 (-188.15%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

NIFTY 50

₹23,587.50

-1.52 (-364.2%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

Nifty Metal

₹8,813.25

-1.83 (-163.95%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

S&P BSE Commodities

₹7,274.13

-1.88 (-139.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

BSE MFG

₹979.21

-1.63 (-16.19%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Hindalco Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
34.64%
0.00
Foreign Institutions
28.58%
5.15
Mutual Funds
12.86%
-2.66
Retail Investors
8.04%
-2.58
Others
15.88%
-4.99

Hindalco Industries Ltd Key Indicators

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
Details20202021202220232024
Earning Per Share (₹)16.9715.6961.8545.4845.74

Hindalco Industries Ltd Valuation

Hindalco Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.57x)

March 23, 2020

Today (11.19x)

December 19, 2024

Industry (33.46x)

December 19, 2024

Highest (39.92x)

December 4, 2020

LowHigh

Hindalco Industries Ltd 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 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 1.04%.

    Read More about Dividends

Hindalco Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

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Hindalco Industries Ltd (HINDALCO) share price today is ₹622.65

Hindalco Industries Ltd is listed on NSE

Hindalco Industries Ltd is listed on BSE

  • Today’s highest price of Hindalco Industries Ltd is ₹640.6.
  • Today’s lowest price of Hindalco Industries Ltd is ₹620.7.

PE Ratio of Hindalco Industries Ltd is 11.19

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 59.64L.

Today’s market capitalisation of Hindalco Industries Ltd(HINDALCO) is ₹142249.44Cr.

Hindalco Industries Ltd(HINDALCOPrice
52 Week High
₹772.65
52 Week Low
₹496.35

Hindalco Industries Ltd(HINDALCO) share price is ₹622.65. It is down -19.41% from its 52 Week High price of ₹772.65

Hindalco Industries Ltd(HINDALCO) share price is ₹622.65. It is up 25.45% from its 52 Week Low price of ₹496.35

Hindalco Industries Ltd(HINDALCOReturns
1 Day Returns
-6.7%
1 Month Returns
-2.89%
3 Month Returns
-8.86%
1 Year Returns
13.14%