HINDALCO.NS - Hindalco Industries Limited

NSE - NSE Real Time Price. Currency in INR
161.35
-1.75 (-1.07%)
At close: 3:29PM IST
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close163.10
Open163.10
Bid0.00 x 0
Ask0.00 x 0
Day's Range160.75 - 167.50
52 Week Range84.90 - 221.20
Volume16,520,032
Avg. Volume16,315,652
Market Cap359.806B
Beta (5Y Monthly)1.57
PE Ratio (TTM)9.53
EPS (TTM)16.93
Earnings DateN/A
Forward Dividend & Yield1.20 (0.74%)
Ex-Dividend DateAug 14, 2019
1y Target EstN/A
  • Reuters

    U.S. auto suppliers cheer as carmakers relaunch, but long-term worries remain

    Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty. U.S. automakers reopened most assembly plants in late May after states began loosening restrictions, and stronger-than-expected retail auto sales in May have automakers ramping up production of the highly profitable trucks and SUVs consumers are buying.

  • Reuters

    Novelis wins antitrust approval to buy Aleris with conditions

    Novelis Inc won antitrust approval for its proposed $2.6 billion purchase of Aleris Corp on condition it divest part of its auto body supply business, the Justice Department said on Monday. "As a result, Novelis must divest Aleris's entire aluminum auto body sheet operations in North America, which will fully preserve competition in this important industry," the department said in a statement.

  • Reuters

    UPDATE 1-GFG agrees to buy Duffel aluminium plant in Belgium from Novelis

    GFG Alliance, owned by British commodities tycoon Sanjeev Gupta, has agreed to buy the Duffel aluminium plant in Belgium from Novelis, the group said on Friday. The deal for the plant, which supplies the auto industry and is one of the largest rolling mills in Europe, adds to a string of acquisitions in steel and aluminium across Europe by Gupta's privately-held group. "The deal is consistent with GFG Alliance’s strategy to create an international, vertically integrated aluminium business," GFG said in a statement.

  • Reuters

    GFG agrees to buy Duffel aluminium in Belgium from Novelis

    GFG Alliance said on Friday it had agreed to buy Duffel aluminium plant in Belgium from Novelis for an undisclosed sum subject to regulatory approvals. "The deal is consistent with GFG Alliance’s strategy to create an international, vertically integrated aluminium business," the privately-held GFG Alliance said in a statement.

  • Reuters

    LMEWEEK-Anti-plastic trend raising aluminium demand -Novelis

    Moves to reduce plastic packaging to protect the environment are starting to increase demand for aluminium packaging, the European head of Novelis, the world's largest producer of rolled aluminium products, said. Aluminium demand will also be underpinned by a trend towards more electrically powered cars, Novelis senior vice president and Europe president Emilio Braghi told Reuters in an interview for LME Week, an event for the global metal industry. “Consumers want more sustainable beverage packaging options, which is having a direct and positive impact on aluminium demand as aluminium cans provide a sustainable alternative to single-use plastic bottles,” Braghi said.

  • We Think Hindalco Industries (NSE:HINDALCO) Is Taking Some Risk With Its Debt
    Simply Wall St.

    We Think Hindalco Industries (NSE:HINDALCO) Is Taking Some Risk With Its Debt

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Reuters

    EU Commission clears Novelis' acquisition of Aleris, with conditions

    The European Commission said on Tuesday it had approved the acquisition of aluminium automotive body sheets producer Aleris by its larger competitor Novelis on the condition that it sells Aleris's sheets business in Europe. Under EU law, the Commission watches over competition issues in the bloc, and has to approve mergers and acquisitions. "The Commission found that the divested assets constitute a viable integrated business that would enable a suitable buyer to effectively compete with the merged entity.

  • Why We’re Not Impressed By Hindalco Industries Limited’s (NSE:HINDALCO) 8.5% ROCE
    Simply Wall St.

    Why We’re Not Impressed By Hindalco Industries Limited’s (NSE:HINDALCO) 8.5% ROCE

    Today we'll evaluate Hindalco Industries Limited (NSE:HINDALCO) to determine whether it could have potential as an...

  • U.S. sues to stop Novelis purchase of Aleris
    Reuters

    U.S. sues to stop Novelis purchase of Aleris

    The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed $2.6 billion purchase of Aleris Corp because of concern over higher prices for aluminium sheet used to make cars. The department said in a statement that the deal would combine two of the four major North American producers of aluminium to make automobile bodies. The department described Ohio-based Aleris as an "aggressive competitor" and said the deal would give Novelis up to 60% of projected domestic capacity.

  • Reuters

    UPDATE 2-U.S. sues to stop Novelis purchase of Aleris

    The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed $2.6 billion purchase of Aleris Corp because of concern over higher prices for aluminum sheet used to make cars. The department said in a statement that the deal would combine two of the four major North American producers of aluminum to make automobile bodies. The department described Ohio-based Aleris as an "aggressive competitor" and said the deal would give Novelis up to 60% of projected domestic capacity.

  • Does Hindalco Industries Limited (NSE:HINDALCO) Have A Good P/E Ratio?
    Simply Wall St.

    Does Hindalco Industries Limited (NSE:HINDALCO) Have A Good P/E Ratio?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

  • Novelis' $2.6 billion Aleris deal set for EU green light: sources
    Reuters

    Novelis' $2.6 billion Aleris deal set for EU green light: sources

    U.S. aluminium producer Novelis is set to secure EU antitrust approval for its $2.6 billion bid for Aleris, people familiar with the matter said on Thursday. Novelis, which is U.S.-based but owned by India's Hindalco Industries, has agreed to sell Aleris' Belgian plant, the people said, to address European Commission worries that the deal may reduce competition and lead to higher prices, hitting carmakers in particular. The Commission, which is scheduled to decide on the case by Oct. 7, declined to comment.

  • Exclusive: Novelis' $2.6 billion Aleris deal set for EU green light: sources
    Reuters

    Exclusive: Novelis' $2.6 billion Aleris deal set for EU green light: sources

    U.S. aluminium producer Novelis is set to secure EU antitrust approval for its $2.6 billion bid for Aleris, people familiar with the matter said on Thursday. Novelis, which is U.S.-based but owned by India's Hindalco Industries, has agreed to sell Aleris' Belgian plant, the people said, to address European Commission worries that the deal may reduce competition and lead to higher prices, hitting carmakers in particular. The Commission, which is scheduled to decide on the case by Oct. 7, declined to comment.

  • Reuters

    UPDATE 1-Novelis offers concessions to address EU concerns about Aleris deal

    U.S. aluminium producer Novelis has offered concessions to address EU antitrust concerns over its $2.6 billion bid for aluminium producer Aleris , a filing on the European Commission website showed on Monday. The Commission has expressed worries about reduced competition and higher prices as a result of the deal, with carmakers in particular feeling the impact. The EU competition enforcer did not provide details of the concessions, in line with its policy.

  • Novelis offers concessions to address EU concerns about Aleris deal
    Reuters

    Novelis offers concessions to address EU concerns about Aleris deal

    U.S. aluminium producer Novelis has offered concessions to address EU antitrust concerns over its $2.6 billion bid for aluminium producer Aleris, a filing on the European Commission website showed on Monday. The Commission has expressed worries about reduced competition and higher prices as a result of the deal, with carmakers in particular feeling the impact. The EU competition enforcer did not provide details of the concessions, in line with its policy.

  • Why You Might Be Interested In Hindalco Industries Limited (NSE:HINDALCO) For Its Upcoming Dividend
    Simply Wall St.

    Why You Might Be Interested In Hindalco Industries Limited (NSE:HINDALCO) For Its Upcoming Dividend

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...