- Introduction
- Hindalco Industries Ltd Latest News
- Hindalco Share Price Target for 2024
- Hindalco Share Price Target for 2025
- Hindalco Share Price Target for 2026
- Hindalco Share Price Target from 2024 to 2030
- Hindalco Financials 2023
- Hindalco Shareholding Pattern
- Hindalco Competitors
- FAQs
- Is Hindalco Industries profitable?
- What is the market capitalization of Hindalco Industries?
- What is the 52-week high/low for Hindalco Industries?
- What is the promoter shareholding in Hindalco Industries?
- What is the expected share price of Hindalco in 2024?
- What is the expected share price of Hindalco in 2026?
- What is the expected share price of Hindalco in 2027?
- What is the expected share price of Hindalco in 2030?
- What is the expected share price of Hindalco in 2040?
- Conclusion
Introduction
Hindalco Industries Ltd., a subsidiary of the Aditya Birla Group, is a leader in the aluminum and copper markets. Listed at the 661st rank in the Forbes Global 2000, Hindalco is headquartered in Mumbai, Maharashtra, India. As of November 2023, its market capitalization was US$15.6 billion. Hindalco’s resilience in financial performance amidst market fluctuations and its stature as India’s largest producer of primary aluminum and global leader in flat-rolled products through its subsidiary, Novelis, underscore its industry prominence. Hindalco Share Price Target 2025, 2026, 2027, 2028, 2029, 2030.
Hindalco Industries Ltd Latest News
In the October-December quarter of the last financial year, Hindalco posted a total profit of ₹1,362 crore, with a profit of ₹2,205 crore in the July-September period. Despite a 6.4% YoY decline in revenue, the company’s profit surged by 10.1 times. However, in the quarter ended June 30, Hindalco’s Mumbai branch reported a 40.4% YoY fall in net profit to ₹2,454 crore.
Hindalco Share Price Target for 2024
| Month | Target (₹) |
| January 2024 | 589 |
| February 2024 | 598 |
| March 2024 | 589 |
| April 2024 | 584 |
| May 2024 | 621 |
| June 2024 | 708 |
| July 2024 | 708 |
| August 2024 | 709 |
| September 2024 | 709 |
| October 2024 | 709 |
| November 2024 | 709 |
| December 2024 | 709 |
Hindalco Share Price Target for 2025
| Month | Target (₹) |
| January 2025 | 753 |
| February 2025 | 762 |
| March 2025 | 753 |
| April 2025 | 749 |
| May 2025 | 749 |
| June 2025 | 748 |
| July 2025 | 748 |
| August 2025 | 748 |
| September 2025 | 748 |
| October 2025 | 748 |
| November 2025 | 748 |
| December 2025 | 748 |
Hindalco Share Price Target for 2026
| Month | Target (₹) |
| January 2026 | 810 |
| February 2026 | 819 |
| March 2026 | 809 |
| April 2026 | 805 |
| May 2026 | 805 |
| June 2026 | 805 |
| July 2026 | 805 |
| August 2026 | 805 |
| September 2026 | 805 |
| October 2026 | 805 |
| November 2026 | 805 |
| December 2026 | 805 |
Hindalco Share Price Target from 2024 to 2030
| Year | Initial Target (₹) | Mid-Year Target (₹) | Year-End Target (₹) |
| 2024 | 589 | 708 | 709 |
| 2025 | 753 | 748 | 748 |
| 2026 | 810 | 805 | 805 |
| 2027 | 869 | 864.26 | 864.29 |
| 2028 | 931 | 926.41 | 926.52 |
| 2029 | 996 | 991.54 | 991.58 |
| 2030 | 1,065 | 1060.12 | 1060.39 |
Hindalco Financials 2023
| Metric | September 2023 | YoY Change (%) |
| Revenue | ₹54.17 trillion | 3.57% |
| Net Income | ₹2.2 trillion | 0.41% |
| Diluted EPS | ₹9.87 | 0.30% |
| Net Profit Margin | 4.05% | 3.05% |
| Operating Income | ₹3.79 trillion | 2.38% |
| Net Change in Cash | – | – |
| Cash on Hand | – | – |
| Cost of Revenue | ₹37.62 trillion | 6.35% |
Hindalco Shareholding Pattern
| Category | Percentage (%) |
| Promoter | 35 |
| FII | 28 |
| DII | 29 |
| Public | 7.9 |
| Others | 1 |
Hindalco Competitors
| Competitor | Market Cap (₹ crore) |
| JSW Steel | 198,876 |
| Tata Steel | 129,000 |
Also Read: Vedanta Limited Share Price Target 2024, 2025, 2027, 2030
FAQs
Is Hindalco Industries profitable?
Hindalco Industries reported a net profit of ₹10,097 crore in 2023.
What is the market capitalization of Hindalco Industries?
The market capitalization of Hindalco Industries is ₹113,699.73 crore as of February 14, 2024.
What is the 52-week high/low for Hindalco Industries?
The 52-week high for Hindalco Industries is ₹620.60, and the 52-week low is ₹381.00.
Conclusion
Hindalco Industries Limited is a leading metals company in India, primarily engaged in the production and distribution of aluminium and copper products worldwide. The company operates through four segments: Novelis, Aluminium Upstream, Aluminium Downstream, and Copper. With a diverse product portfolio and strong global presence, Hindalco is well-equipped to navigate market challenges and capitalize on growth opportunities.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. The stock market carries inherent risks, and it is crucial to perform your own research or consult with a certified financial advisor before making any investment decisions.
