Hindalco Industries (BOM:500440)

QUOTE AND NEWS
The Economic Times  Sep 28  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 160 and a stop loss at Rs 144 from entry point
The Economic Times  Sep 22  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 159.6 and a stop loss at Rs 144 from entry point
The Economic Times  Sep 21  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 155 and a stop loss at Rs 146 from entry point
The Economic Times  Sep 21  Comment 
Birla group’s aluminium company to focus on reducing its leverage ratio by selling non-core assets and improving operating profit under new CEO Satish Pai.
The Economic Times  Sep 19  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 150.0 and a stop loss at Rs 140.0 from entry point
The Economic Times  Aug 31  Comment 
Deleveraging is on track which should boost the Hindalco stock. The consolidated net debt has fallen for the first time in seven years
The Economic Times  Aug 30  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 168.0 and a stop loss at Rs 153.5 from entry point
The Economic Times  Aug 25  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 162.5 and a stop loss at Rs 154.5 from entry point
The Economic Times  Aug 23  Comment 
Sell Hindalco Industries Ltd. at a price target of Rs 150.0 and a stop loss at Rs 159.0 from entry point
The Economic Times  Aug 17  Comment 
Centrum Broking believes that valuations are not stretched considering the solid operational performance and reduced capex




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki