HINDALCO.BO - Hindalco Industries Limited

BSE - BSE Real Time Price. Currency in INR
227.55
-3.05 (-1.32%)
At close: 3:40PM IST
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Previous Close230.60
Open234.20
Bid0.00 x 0
Ask0.00 x 0
Day's Range223.95 - 234.25
52 Week Range192.50 - 283.95
Volume238,428
Avg. Volume561,631
Market Cap507.223B
Beta (3Y Monthly)1.27
PE Ratio (TTM)8.34
EPS (TTM)27.29
Earnings DateN/A
Forward Dividend & Yield1.20 (0.52%)
Ex-Dividend Date2018-09-12
1y Target Est300.07
  • Reuters9 days ago

    India's aluminium makers win Japan sales in market shake-up

    TOKYO/NEW DELHI (Reuters) - Indian aluminium makers including Hindalco Industries and Vedanta Ltd are boosting sales to Japan as U.S. sanctions against Russia's Rusal and import tariffs shake up traditional supply routes. India's product has generally not been regarded as high enough quality by Japan's demanding buyers, who have preferred top-tier producers like Rio Tinto, Alcoa and South32 as well as United Company Rusal.    However, imports of aluminium ingot from India doubled in the first eight months of 2018 from a year ago, Japanese trade data shows, while imports of alloy - which include higher-value products - surged 11-fold off a tiny base.

  • Reuters14 days ago

    Novelis sees automotive aluminium demand more than doubling by 2025

    Demand for automotive aluminium is set to more than double by 2025, driven by surging growth in Asia, a senior executive at Novelis Inc, the world's largest maker of rolled aluminium products, said on Thursday. Automakers are turning to aluminium to replace high-strength steel, as well as combine with materials such as carbon fibre and plastics to produce lighter body panels for use in electric vehicles that meet stricter environmental standards. "Typically what we see is an increase of aluminium percentage of the (automotive) body, which is why we're projecting to grow from 1.5 million tonnes of aluminium demand this year to 3.5 million tonnes a year in 2025," said Pierre Labat, vice president of global automotive at Novelis.

  • Does Hindalco Industries Limited’s (NSE:HINDALCO) PE Ratio Signal A Buying Opportunity?
    Simply Wall St.24 days ago

    Does Hindalco Industries Limited’s (NSE:HINDALCO) PE Ratio Signal A Buying Opportunity?

    This article is intended for those of you who are at the beginning of your investing journey and want to learn about the link between company’s fundamentals and stock marketRead More...

  • Reuters2 months ago

    Hindalco Industries first-quarter profit climbs 43 percent, but lags estimates

    (Reuters) - Aluminium producer Hindalco Industries Ltd posted a 43 percent jump in first-quarter profit on Friday, but missed analysts' estimates. Profit was 4.14 billion rupees ($60.07 million) in the ...

  • Sensex, Nifty surge to record close as ITC, banks gain
    Reuters3 months ago

    Sensex, Nifty surge to record close as ITC, banks gain

    (Reuters) - Indian shares jumped to record closing highs on Friday, driven by gains in heavyweight ITC Ltd on the back of strong quarterly results, while banks extended rally after lenders lined up to ...

  • Novelis Sticks to Light-Cars Bet as Trump Slams Mileage Rule
    Bloomberg3 months ago

    Novelis Sticks to Light-Cars Bet as Trump Slams Mileage Rule

    Novelis Inc. is sticking to a bet that automakers will want lightweight aluminum to make cars more efficient, even as the Trump administration pushes to roll back mileage rules. Atlanta-based Novelis agreed this week to acquire Aleris Corp., a maker of aluminum products used in everything from automobiles to packaging, for $2.6 billion on Thursday. Novelis Chief Executive Officer Steve Fisher said in an interview that he thinks the rising aluminum demand will withstand the current U.S. efforts.

  • Moody's3 months ago

    Novelis Corporation -- Moody's changes Novelis' outlook to negative; affirms ratings

    Moody's Investors Service ("Moody's") changed the outlooks for Novelis Inc. (Novelis) and Novelis Corporation to negative from stable. At the same time, Moody's affirmed Novelis' B1 Corporate Family Rating (CFR), the B1-PD probability of default rating as well as Novelis Corporation's B2 guaranteed senior unsecured notes.

  • Reuters3 months ago

    U.S. aluminium firm Novelis to buy Aleris for $2.6 billion

    India's Hindalco Industries Ltd said its U.S. unit Novelis Inc has agreed to buy aluminium processor Aleris Corp for $2.6 billion, giving it a foothold in supplying the aerospace industry and other value-added businesses globally. Hindalco, which is owned by Indian conglomerate Aditya Birla Group, expanded into the value-added aluminium business when it acquired aluminium re-rolling company Novelis for $5.9 billion in 2007. The deal for Aleris will be the group's biggest acquisition since then and will increase the production capacity of Novelis - one of the world's biggest suppliers of aluminium sheets for beverage cans and car parts - by nearly a quarter to 4.4 million tonnes, Hindalco said at a press conference on Thursday to announce the deal.

  • Reuters3 months ago

    U.S. aluminium firm Novelis to buy Aleris for $2.6 bln

    India's Hindalco Industries Ltd said its U.S. unit Novelis Inc has agreed to buy aluminium processor Aleris Corp for $2.6 billion, giving it a foothold in supplying the aerospace industry and other value-added businesses globally. Hindalco, which is owned by Indian conglomerate Aditya Birla Group, expanded into the value-added aluminium business when it acquired aluminium re-rolling company Novelis for $5.9 billion in 2007. The deal for Aleris will be the group's biggest acquisition since then and will increase the production capacity of Novelis - one of the world's biggest suppliers of aluminium sheets for beverage cans and car parts - by nearly a quarter to 4.4 million tonnes, Hindalco said at a press conference on Thursday to announce the deal.

  • Reuters3 months ago

    Hindalco Industries' U.S. unit to buy Aleris for $2.6 bln

    India's Hindalco Industries Ltd said on Thursday its U.S. unit Novelis Inc has agreed to buy aluminium maker Aleris Corp for $2.6 billion, giving the company an entry into the aerospace sector and a higher ...

  • What Do Investors Need To Know About Hindalco Industries Limited’s (NSE:HINDALCO) Future?
    Simply Wall St.4 months ago

    What Do Investors Need To Know About Hindalco Industries Limited’s (NSE:HINDALCO) Future?

    Since Hindalco Industries Limited (NSE:HINDALCO) released its earnings in March 2018, it seems that analyst forecasts are fairly pessimistic, with profits predicted to drop by -7.42% next year relative toRead More...

  • Reuters5 months ago

    U.S. aluminium firm Novelis expands in China amid trade friction

    U.S. aluminium firm Novelis Inc said it would invest about $180 million to double its automotive aluminium body sheet capacity in China, as it seeks to tap demand from the country's growing electric vehicle (EV) sector. The Atlanta-based company, which is owned by India's Aditya Birla Group, said the investment would add around 100,000 tonnes of capacity at its Changzhou plant, in China's eastern province of Jiangsu, with the new operations to begin by 2020. "The timing of this investment is closely aligned with key customer product launches slated for 2020-2021 from both traditional automakers as well as electric vehicle startups," Novelis said in a statement, adding that existing automotive finishing line capacity in Changzhou was already fully contracted.

  • Reuters5 months ago

    Hindalco Industries fourth-quarter profit dives 25 percent, lags estimate

    (Reuters) - Aluminium producer Hindalco Industries Ltd posted a 25 percent fall in its fourth-quarter profit, widely missing street estimate. The company's profit dropped to 3.77 billion rupees ($55.59 ...

  • Is Hindalco Industries Limited’s (NSE:HINDALCO) Balance Sheet Strong Enough To Weather A Storm?
    Simply Wall St.6 months ago

    Is Hindalco Industries Limited’s (NSE:HINDALCO) Balance Sheet Strong Enough To Weather A Storm?

    Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Hindalco Industries Limited (NSEI:HINDALCO), with a market capitalization of ₹524.77B, rarely draw their attention from the investingRead More...

  • Who Are The Largest Shareholders In Hindalco Industries Limited (NSE:HINDALCO)?
    Simply Wall St.6 months ago

    Who Are The Largest Shareholders In Hindalco Industries Limited (NSE:HINDALCO)?

    In this article, I’m going to take a look at Hindalco Industries Limited’s (NSEI:HINDALCO) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...

  • Should You Have Hindalco Industries Limited’s (NSE:HINDALCO) In Your Portfolio?
    Simply Wall St.7 months ago

    Should You Have Hindalco Industries Limited’s (NSE:HINDALCO) In Your Portfolio?

    If you are a shareholder in Hindalco Industries Limited’s (NSEI:HINDALCO), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of yourRead More...

  • Does Hindalco Industries Limited’s (NSE:HINDALCO) PE Ratio Signal A Selling Opportunity?
    Simply Wall St.7 months ago

    Does Hindalco Industries Limited’s (NSE:HINDALCO) PE Ratio Signal A Selling Opportunity?

    Hindalco Industries Limited (NSEI:HINDALCO) is currently trading at a trailing P/E of 24.6x, which is higher than the industry average of 19.7x. While HINDALCO might seem like a stock toRead More...

  • Did Hindalco Industries Limited (NSE:HINDALCO) Create Value For Investors Over The Past Year?
    Simply Wall St.8 months ago

    Did Hindalco Industries Limited (NSE:HINDALCO) Create Value For Investors Over The Past Year?

    Hindalco Industries Limited (NSEI:HINDALCO) generated a below-average return on equity of 4.32% in the past 12 months, while its industry returned 8.21%. Though HINDALCO’s recent performance is underwhelming, it isRead More...

  • Reuters8 months ago

    Hindalco Industries Q3 profit jumps 17.7 percent

    (Reuters) - India's top aluminium producer Hindalco Industries Ltd reported a 17.7 percent rise in quarterly profit on Friday, helped by higher metal prices. Profit rose to 3.77 billion rupees ($59.11 ...

  • Is Hindalco Industries Limited (NSE:HINDALCO) A Financially Sound Company?
    Simply Wall St.9 months ago

    Is Hindalco Industries Limited (NSE:HINDALCO) A Financially Sound Company?

    Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Hindalco Industries Limited (NSEI:HINDALCO) with a market-capitalization of ₹582.45B, rarely draw their attention. However, generally ignored mid-capsRead More...

  • Why Hindalco Industries Limited (NSE:HINDALCO) Could Be A Buy
    Simply Wall St.9 months ago

    Why Hindalco Industries Limited (NSE:HINDALCO) Could Be A Buy

    Hindalco Industries Limited (NSEI:HINDALCO), a metals and mining company based in India, saw a double-digit share price rise of over 10% in the past couple of months on the NSEI.Read More...

  • Is Hindalco Industries Limited (NSE:HINDALCO) Expensive For A Reason? A Look At The Intrinsic Value
    Simply Wall St.10 months ago

    Is Hindalco Industries Limited (NSE:HINDALCO) Expensive For A Reason? A Look At The Intrinsic Value

    Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of Hindalco Industries Limited (NSEI:HINDALCO) as an investment opportunity. Anyone interestedRead More...