Hindalco Share Price Target 2024, 2025, 2030, 2040, 2050

If you think about which share will be best for investment in recent times then you should know about Hindalco Share Price Target. Today in our blog we will explain the basic idea about Hindalco Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

Hindalco Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to give a clear knowledge about Hindalco Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at Hindalco Share Price Target 2024 to 2030.

What Is Hindalco Industries?

Hindalco Industries is a subsidiary of Aditya Birla Group and it is an Indian aluminium and copper manufacturing company. The company was established in the year 1958 and the headquarters is situated in Mumbai.

Overview Of Hindalco Industries

Hindalco Industries is one of the largest aluminium rolling and recycling companies. The company 1st started to manufacture aluminum metal of 20 thousand metric tons inRenukoot, Uttar Pradesh Plant in the year 1962. The company changed its name to Hindalco Industries Limited in the year 1989. Hindalco Industries also established a battery foil manufacturer unit in Odisha. The company also fixed up to manufacture 25,000-tonne battery foil within the year 2025.

The company’s product aluminium foil used in rechargeable batteries to supply electricity in most trending electric vehicles and energy storage systems. Till the year 2030, it is expected the use of battery-grade aluminium will increase for that reason the company also decided to expand its production capacity to 40,000 tonnes. Hindalco Industries established a new plant in Sambalpur and invested ₹800 Crore for the project which has a production capacity of 25,000 tonnes.

Financial Data Analysis Of Hindalco Industries Ltd Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Hindalco Share Price Target also depended upon the ratio which is described below.

PE Ratio (Price To Earning Ratio)

PE Ratio is calculated by Market price per share Earning price per share. It means the number of times an investor is ready to pay as compared to earnings time. Hindalco Industries Ltd Company has a PE ratio of 42.66, which is high.

Return on Assets (ROA)

ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors return on sales and asset turnover. Hindalco Industries Ltd Company has a ROA of 3.40%, which is a bad sign for the company’s growth.

Current Ratio

The current Ratio is calculated by Current Assets ÷ Current Liabilities. Hindalco Industries Ltd Company has a current ratio of 1.75.

Return On Equity (ROE)

ROE is measured by = Net profit ÷ Average Share holding equity. Hindalco Industries Ltd Company has an ROE of 5.89%, higher is better.

Also Read- Hindustan Copper Share Price Target

Hindalco Share Price NSE

Hindalco Share is under both the Indian Stock Exchange such as NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). NSE Sine of Hindalco is HINDALCO. The latest NSE Price rate is ₹700.10 (As of 15.07.2024 at 3:59 pm).

Hindalco Share Price BSE

Hindalco Share is under both the Indian Stock Exchange such as NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The BSE Cose is 500440. The latest BSE Price rate is ₹700.20 (As Of 15.07.2024, 03:41 pm).

Dividend History Of Hindalco Industries Ltd

In the year 2018, the dividend rate of Hindalco Industries was ₹1.20 which means ₹1.200 per share (12%) of the Final Dividend, in the year 2020 the rate was ₹1.00 which means ₹1.00 per share (100%) of the Final Dividend, in the year 2021 the rate was ₹3.00 which means ₹3.00 per share (300%) of the Final Dividend, in the year 2022 the rate was ₹4.00 which means ₹4.0000 per share (400%) of the Final Dividend, in the year 2023 the rate was ₹3.00 which means ₹3.0000 per share (300%) of the Final Dividend.

History Of Hindalco Share Price Target From The Year 2024 to 2030

Hindalco Share is a bullish trend in the share market. Last 1 month the share growth was +21.55 (3.17%), last 6 months the share growth was +125.65 (21.87%), the last 1 year the share growth was +253.20 (56.63%), the maximum share growth was +655.81 (1,474.06%).

The last 1 month’s return amount from the share was +2.41%, the last 3 months’ share return amount was 14.26%, the last 1 year’s share return was +56.64%, and the last 3 year’s share return was +74.85%. If anyone wants to invest in the share it will be beneficial. Let’s have a look at Hindalco Share Price Target from the year 2024 to 2030.

Hindalco Share Price Target 2024

One of the products of Hindalco Industries is copper cathodes which are made of various sizes of cast copper rods, this copper is also used in the manufacture of copper rods for wire, cable, and transformer industries. Products of Hindalco Industries are also used in agrochemical industries such as DAP (Di-ammonium Phosphatic Fertilizer), and NPK (Nitrogen Phosphorous Potassium), etc.

Copper which is produced by Hindalco Industries is used in electrical locomotives. This Copper is also used in signaling systems, brake systems, large and small service stations, etc. Copper is also used in the formation of electrical equipment like motors, transformers, generators, etc. Chemicals such as Calcined Alumina produced in Hindalco Industries are used in polishing, flame retardants, etc.

The sales growth of the company increased in the last 5 years sales growth was 13.12% which became 25.10% in the last 3 years. In the financial year 2022, March the sales rate was ₹66,365 Crore which became ₹76,656 Crore in the financial year 2023, March. The revenue of the company from the copper segment increased by 16% every year and the revenue from aluminium segment of the EBITDA increased by 30.12% every year. If we look at the share price forecast of Hindalco Share Price Target 2024 the 1st Price Target is ₹580 and the 2nd Price Target is ₹810.

Hindalco Share Price Target 2025

One of the most important sides of Hindalco is Novelis which is a global leader in aluminium flat rolling and recycling. The combined power of Hindalco and Novelis offers unique benefits in both the local and global world. Novelis has a recycling capability such as 75% of all aluminium products used recently were manufactured since 1886. Novelis is attached to some brand products like Coca-Cola, LG, Samsung, Ford Motor, etc. Novels also spread a global network in North America, Europe, South America and many other countries.

Hindalco’s captive mines in Jharkhand, Chhattisgarh, and Maharashtra provide the raw materials to its alumina refineries. Utkal Alumina situated in Orisha is a subsidiary of Hindalco which is one of the top alumina refineries and producer of the most costly alumina.

The profit growth of the company also increases. In the last 5 years, profit growth was 19.12% which became 75.36% in the last 3 years. The net profit amount was ₹994 Crore in the financial year 2021, March which became ₹5,452 Crore in 2022, March. The operating profit amount was ₹3,825 Crore in the financial year 2022, March which became ₹11,253 Crore in 2023, March. The company’s year-on-year profit growth is 72.12%. If we look share price forecast of Hindalco Share Price Target 2025 the 1st Price Target is ₹820 and the 2nd Price Target is ₹1020.

Hindalco Share Price Target 2027

For supplying electricity to aluminium wires 100% rural electrification is generated and the government of India also takes a step to use renewable energy, especially solar energy of 100 GW for aluminium solar panels. One of the power plants for supplying electricity in production fields under Hindalco Industries is Renusagar Power Plant, Uttar Pradesh generates 835.58 MW, Hirakud Captive Power Plant, Odisha generates 469.5 MW power plant, Aditya Captive Power Plant, Odisha, Aditya Captive Power Plant, Odisha generates 900 MW power.

In developing India’s Urban lifestyle demand for aluminium foil for packaging food and beverages in delivery time also increases. This aluminium foil is also used in the pharmaceutical industry for packaging purposes. The company has a production capacity of Alumina of 3.6 Mn MT, Copper Cathode of 0.42 Mn MT, Copper rods of 0.54 Mn MT, and Novelis Rolling Capacity of 4.1 Mn MT.

The total revenue amount of the company increased from 7% to 8% every year. The total revenue amount was ₹68,236.56 Crore in the year 2022 which became ₹77,123.23 Crore in the year 2023, March. The total revenue from the operation amount was ₹67,568.23 Crore in the year 2022, March which became ₹76,563.23 Crore in the year 2023, March. The tax amount of the company was ₹920.25 Crore in the financial year 2023 which decreased. If we look at the share price forecast for Hindalco Share Price Target 2027 the 1st Price Target is ₹1320 and the 2nd Price Target is ₹1570.

Hindalco Share Price Target 2030

Hindalco Extrusions (HE) is a leading brand that offers a wide range of alloys, which includes hard alloys and special types of alloys used in the defense, space sector, architectural sector, consumer durable industries, transport industry (for made truck bodies), for made up Italian design window and door system. Hindalco Everlast is a leading brand for aluminium roofing solutions which is preferable for industrial and residential applications. Hindalco’s specialty alumina is used for making smartphone display screens, detergent, bulletproof vests, floor tiles, etc. Hindalco’s alumina chemical is used for water purifiers.

The Inventory turnover ratio of the company has increased by 21.02% this year. The inventory turnover ratio was highest in the year 2023 which was 3.79% greater than the average turnover ratio of 3.12%. As the company expands its business outside of India the FII investors of the company are high is 29.93% which is a very progressive part of the company’s growth.

As the company is very old and has good market value for that reason many good investors want to invest in Hindalco share promoter holding capacity of the share is 35.12%. All the share Price predictions depend upon the market’s favorable condition, the company’s overall performance, etc. If we look at the share price forecast of Hindalco Share Price Target 2030 1st price Target is ₹2210 and the 2nd Price Target is ₹2490.

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How To Purchase Hindalco Share?

The most common trading platform for purchasing the Hindalco Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of Hindalco Industries

• Aanchal Ispat
• Aditya Ispat
• Adhunik Metalik
• Adishakti Loha
• Aerpace Ind

Investors Types And Ratio Of Hindalco Industries Company

There are mainly four Types of Investors in Hindalco Industries Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. Hindalco Industries Company’s promoter holding capacity is 36.60%.

Public Holding

Public Investors an individuals who invest in the public market for profit in the future (large and small companies). Hindalco Industries Company’s Public Holding Capacity is 11.16%.

FII (Foreign Institutional Investors)

Foreign Institutional Investors are those big companies that invest in different countries company. Hindalco Industries Company’s FII is 29.93%.

DII (Domestic Institutional Investors)

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. Hindalco Industries Company’s DII is 22.31%.

Advantages and Disadvantages Of Hindalco Share

Every share has some advantages and some disadvantages also. So, the Hindalco Industries Share Price Target also has some advantages and disadvantages which are described below.

Advantages

• In the last 3 years, the company has shown profit growth of 75.36% which is a positive side for the company’s growth.
• The company has a good cash conversation cycle which is 31.93 days which is good for the company’s growth.
• The PAT value of the company stands at 1.95 which means the company has good cash flow management.
• The book value amount has increased per share in the last 2 years.
• Hindalco Industries is one of the global powerhouses in the aluminium industry and the company has a diversified portfolio of products for this reason the sales and profit amount of the company will never decrease.
• The company has a good supply chain network and efficient logistics management for this reason company can deliver products on a worldwide basis to customers in a timely basis.

Disadvantages

• In the last 3 years, the company has shown a poor ROE which is 6.12% which negatively impacts in company’s growth.
• The company’s revenue is related to the global market which may risk currency fluctuations, trade tensions, and geographical instability.
• As Hindalco Industries operates in the mining sector and manufactures aluminium the company may face environmental challenges including pollution the company should be aware of.
• The company uses high-range raw materials for production purposes like bauxite and coal which may negatively impact in production costs of the company.

Also Read- Solar Industries Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Hindalco Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Hindalco Share Price Target may reach a very high position. Hindalco Industries Company is related to the Aluminium and Copper manufacturing sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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