Hindalco Industries (BOM:500440)

QUOTE AND NEWS
The Economic Times  Mar 23  Comment 
India Ratings in a recent note had lowered its outlook on the non ferrous metal sectors to negative from stable.
The Hindu Business Line  Feb 15  Comment 
The December quarter will go down as one of the challenging times in the history of Hindalco Industries with new capacity going on stream and metal prices dipping to new lows. D Bhattacharya, Managing...
The Economic Times  Feb 9  Comment 
Hindalco Industries Ltd on Tuesday said its standalone net profit fell 89% in the December quarter on lower price realizations as aluminium prices continued to slide.
The Hindu Business Line  Feb 9  Comment 
The Economic Times  Dec 24  Comment 
"Hindalco Industries Ltd. is a 'BUY' call with a target of Rs 91 and a stop loss of Rs 81"
The Hindu Business Line  Dec 23  Comment 
Investors with a short-term perspective can consider buying the shares of Hindalco Industries. The stock surged 5.6 per cent on Wednesday breaching key resistances at ₹81 and ₹82.3. With t...
The Hindu Business Line  Nov 23  Comment 
Shares of Hindalco Industries and Vedanta today fell as much as 4 per cent after the BSE’s announcement that both companies will shift out of the benchmark Sensex from December 21.Hindalco’...
The Economic Times  Nov 20  Comment 
Metals and mining major Vedanta and Aditya Birla group flagship firm Hindalco Industries will shift out of the BSE benchmark Sensex from December 21.
The Hindu Business Line  Nov 3  Comment 
Metal shares were broadly firm on the NSE on Tuesday morning. At 10.24 am Hindalco Industries gained 3.09 per cent to trade at Rs 83.45 against Rs 80.95 at close yesterday. Vedanta spiked...
The Hindu Business Line  Nov 3  Comment 
Metal shares Hindalco Industries and Vedanta were among the top gainers on the BSE on Tuesday. At 10.14 am Hindalco was the top gainer on the bourse, trading at Rs 83.25, up 2.84 per cent on its o...




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Business Profile

Hindalco Industries (Bombay Stock Exchange: 500440), a flagship company of the Aditya Birla group, is structured into two strategic businesses aluminum and copper. HINDALCO commenced its operations in 1962 with an aluminum facility in Renukoot, Uttar Pradesh. Birla Copper, HINDALCO`s copper division is situated in Dahej, Bharuch district, Gujarat.

The aluminum division`s product range includes alumina chemicals, primary aluminum ingots, billets, wire rods, rolled products, extrusions, foils and alloy wheels. It enjoys a domestic market share of 42% in primary aluminum, 63% in rolled products, 20% in extrusions, 44% in foils and 31% in wheels. To provide value-added products and services, HINDALCO has launched several brands in recent years, which include Aura for alloy wheels, Freshwrapp for kitchen foil and Everlast for roofing sheets. The copper plant produces copper cathodes, continuous cast copper rods and precious metals like gold, silver and platinum group metal mix. Sulphuric acid, phosphoric acid, di-ammonium phosphate, other phosphatic fertilizers and phospho-gypsum are also produced at this plant.

Hindalco Industries has a 51% shareholding in Aditya Birla Minerals which has mining and exploration activities focused at the Nifty copper operation and the Mt Gordon copper operation in Australia. The company has two R&D centers; the Belgaum Research and Development Center in Belgaum, Karnataka and Taloja Research and Development Center in Taloja, Maharashtra. They have been recognized by the Government of India`s Department of Scientific and Industrial Research (DSIR).

Competition

  • National Aluminium Company - National Aluminium Company, a public sector unit, is Asia's largest integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations. [1]

References

  1. [http://www.nalcoindia.com/home.html , Company website
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