Hindalco Industries (BOM:500440)

QUOTE AND NEWS
The Economic Times  Jun 17  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 230.
The Economic Times  Jun 9  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 230. Standalone EBITDA at Rs 13.5bn, was marginally above estimates, led by strong performance of the aluminium division.
The Hindu Business Line  Jun 4  Comment 
Aditya Birla Group company Hindalco Industries has done much better to cut down on demand and face the challenge of cheap imports. It has overcome the impact of demonetisation and is quite optimistic ...
The Economic Times  Jun 1  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 235.
Reuters  May 30  Comment 
REUTERS - Hindalco Industries Ltd , India's biggest producer of aluminium and copper, posted a 26 percent rise in fourth-quarter profit as revenue from operations increased on higher base metal prices.
The Hindu Business Line  May 14  Comment 
Long-term investors can stay put with a stop-loss at ₹140
The Hindu Business Line  May 9  Comment 
GE on Tuesday announced an agreement to upgrade Hindalco Industries’ generation equipment at the Renusagar Captive Power Plant in Uttar Pradesh. An official statement said that the steam turbine moder...
The Economic Times  May 8  Comment 
Sell Hindalco Industries Ltd. at a price target of Rs 172.0 and a stoploss at Rs 193.0 from entry point
The Economic Times  May 5  Comment 
Sell Hindalco Industries Ltd. at a price target of Rs 178.0 and a stop loss at Rs 199.0 from entry point
The Economic Times  May 2  Comment 
Buy Hindalco Industries Ltd. at a price target of Rs 209.0 and a stoploss at Rs 195.0 from entry point




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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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