Hindalco’s Share price target is a part of the Aditya Birla group which is a leading company in the market of aluminium and copper. Hindalco’s Share price target 2023 ranks 661st on the Forbes Global 2000 list. The company’s registered office is located in Mumbai, India. The market capitalization of the company as of November 2023 was USD 15.6 billion.
Hindalco has chosen to be flexible and adaptable to the changing market conditions in terms of its financial presentation.
It is among the largest producers of primary aluminum in India (except China) and with its subsidiary Novelis, one of the world’s leading flat rolled products manufacturers and recyclers of aluminum.
Hindalco share price Target for 2024
Month Target
January 2024 target ₹588.95
February 2024 target ₹598.12
March 2024 target ₹588.91
April 2024 target ₹584.33
May 2024 target ₹620.55
June 2024 target ₹708.42
July 2024 target ₹708.38
August 2024 target ₹708.51
September 2024 target ₹708.58
October 2024 target ₹708.59
November 2024 target ₹708.65
December 2024 target ₹708.58
Hindalco share price Target for 2025
Month Target
January 2025 target ₹753.14
February 2025 target ₹762.31
March 2025 target ₹753.15
April 2025 target ₹748.62
May 2025 target ₹748.53
June 2025 target ₹748.45
July 2025 target ₹748.41
August 2025 target ₹748.32
September 2025 target ₹748.36
October 2025 target ₹748.39
November 2025 target ₹748.4
December 2025 target ₹748.42
Hindalco share price Target for 2026
Month Target
January 2026 target ₹809.58
February 2026 target ₹818.65
March 2026 target ₹809.45
April 2026 target ₹804.91
May 2026 target ₹804.88
June 2026 target ₹804.83
July 2026 target ₹804.86
August 2026 target ₹804.83
September 2026 target ₹804.76
October 2026 target ₹804.73
November 2026 target ₹804.77
December 2026 target ₹804.73
Hindalco share price Target from 2024 to 2030
Year Initial Target Mid Target Year Target
2024 ₹588.95 ₹708.42 ₹708.58
2025 ₹753.14 ₹748.45 ₹748.42
2026 ₹809.58 ₹804.83 ₹804.73
2027 ₹868.72 ₹864.26 ₹864.29
2028 ₹930.88 ₹926.41 ₹926.52
2029 ₹996.15 ₹991.54 ₹991.58
2030 ₹1064.67 ₹1060.12 ₹1060.39
Hindalco financials 2023
(INR) Sept 2023 Y/Y
Revenue 54.17TCr 3.57%
Net income 2.2TCr 0.41%
Diluted EPS 9.87 0.3%
Net profit margin 4.05% 3.05%
Operating income 3.79TCr 2.38%
Net change in cash – –
Cash on hand – –
Cost of revenue 37.62TCr 6.35
Hindalco shareholding pattern
Promoter – 34.6%
Fll – 27.9%
Dll – 29.2%
Public – 7.9%
Others – 0.5%
Hindalco competitors
JSW Steel with a market cap of 198,876
Tata Steel with a market cap of 129,00.06
Hindalco’s Share price target reported a consolidated profit for the October to December quarter of the current financial year at Rs 1,362 crores, according to a filing with the BSE. Satish Pai, Managing Director of the company, said that the company’s aluminum and copper business division is performing “very strongly”.
Hindalco’s Share price target 2025 profit for the July to September quarter of the previous financial year was Rs 2,205 crores. The Hindalco subordinate’s revenue from operations decreased by 6.4 percent year-on-year, while its profit increased by 10.1 percent. The company is scheduled to report its December quarter earnings on Tuesday.
Hindalco’s Mumbai branch, which produces aluminum and copper, registered a 40.4 percent drop in combined net profit for the quarter ended on June 30 at Rs 2,454 crores.
Hindalco Industries is an Indian-based metals chief forerunner lead company. The core business of the company is to produce and distribute aluminum, copper, and related products around the world. The company operates through four segments: the Novelis segment, the Aluminium upstream segment, the Aluminium downstream segment, and the Copper segment. The Novelis segment is mainly involved in the production and sale of aluminum sheet products and light gauge products. The segment operates on four continents: North America, South America, Europe, and Asia. The segment deals with the downstream business of the company, i.e. bauxite, coal, alumina specialties, refineries, metals, and power.
The downstream business of the company is made up of aluminum value-added products, including aluminum flat roll products, aluminum ejection, and aluminum foils.
The Copper Section is made up of the following products:
Copper cathode
Copper rods
Precious metals
Di-Ammonium phosphate
Eternia
Maxloader
Hindustan Extrusions
Hindustan Everlast
Freshwrapp
Super wrap
Birla Copper
Birla copper-II
Birla Palawan