NIFTY 23907.25 BANK 51135.40

Hindalco Industries Ltd.
Share Price Target & Analysis

NSE:HINDALCO

652.6

VWAP

652.95

Open

648.05

Close

657.3

High

647.4

Low

772.65

52 Week High

652.00 ⇧
3.95 (0.61%)

HINDALCO

(METALS)
55.3% Momentum

Turnaround Potential

496.35

52 Week Low

24.97

EPS

33.2

PE

2.3

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: HINDALCO Share Price Financial Analysis & Valuation

Hindalco Industries Ltd. (HINDALCO) is broadly categorized in METALS segment industry which deals in Iron & Steel vertical. It is one of Large Cap company with Market Capitalization of Rs 109556 (in Cr). Total number of free float shares are 0 (in Lacs). Hindalco Industries Ltd. is listed on NSE with Exchange ID - INE038A01020 and trading code is NSE:HINDALCO with short name Hindalco.

Hindalco Industries Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. HINDALCO is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

Hindalco Industries Ltd. is good enough to Outperformed the market. HINDALCO gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Hindalco Industries Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Hindalco Industries Ltd. has declared an equity dividend of Rs 3.5 per share. At the current share price of HINDALCO at Rs 652.00, this results in a dividend yield of 0.54 %.

As per the Fundamental Analysis of NSE:HINDALCO, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HINDALCO underlying value and future prospects. All of this data is available in HINDALCO financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HINDALCO, it is clearly understood that HINDALCO is Economical performer in terms of earnings and profit margins with an EPS of 24.97. NSE:HINDALCO book value per share as of today is 283.5. The current price to book ratio for HINDALCO as of Nov 23, 2024 is 2.3.

Valuation of the Stock: The current valuation of HINDALCO stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HINDALCO whether to BUY this stock at current valuation. The delivery percentage of HINDALCO is 50.69% is very crucial parameter which shows that 50.69% investors are anticipating that the price of HINDALCO share should go up with VWAP at 652.6.

Now, the main question is whether to BUY or SELL, NSE:HINDALCO at current valuation.
As per latest Analysis No. #2480:-

⇑ STRONG BUY HINDALCO if All Greens

⇗ BUY HINDALCO (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD HINDALCO (With Stop Loss) if only 1 Green

⇘ SELL HINDALCO if NO Green Indicator

NSE: HINDALCO Share Price Today (Nov 23, 2024)

(Hindalco Industries Ltd. Daily Analysis on the basis of HINDALCO Intraday Graph & Trend)

Hindalco Industries Ltd. share price moved Up by 0.61% from its previous close of Rs 648.05. HINDALCO stock last traded price is 652.00. HINDALCO share price trend is Up with a total of 3585460 stocks traded till now. It has touched an intraday high of Rs 657.3 and an intraday low of Rs 647.4. The HINDALCO trading at 652.00, Up by Rs. 3.95, or 0.61 percent which suggests that most of the Traders are anticipating that the price of HINDALCO share should go Up.

NSE: HINDALCO Share Price Tomorrow Prediction

(Hindalco Industries Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HINDALCO)

Hindalco Industries Ltd. share price moved Up by 0.61%. HINDALCO share price short term trend is Up. It suggests that HINDALCO Share Price for Tomorrow remains the same with VWAP at 652.6 will be treated as stop loss for intraday traders. Hindalco Industries Ltd. Long term investors can follow the HINDALCO long term trend as mentiond in future forecast table.

NSE Code

NSE: HINDALCO

HINDALCO Share Price Today

 652.00

HINDALCO Share Price Target Prediction for 2024 ^

 609.8 - 776.5

HINDALCO Share Price Target Prediction for 2025*^

 776.5 - 827.2

HINDALCO Share Price Target Prediction for 2026*^

 827.2 - 885.1

HINDALCO Share Price Target Prediction for 2027*^

 929

HINDALCO Share Price Target Prediction for 2028*^

 956

HINDALCO Share Price Target Prediction for 2030*^

 1042
HINDALCO Current Book Value 2023
282.1

*Hindalco Industries Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^HINDALCO share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

HINDALCO Technical Analysis

Candlestick Pattern: @627.35

HINDALCO Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 642.28 SELL 642 SELL
MA_12 669.12 SELL 664.39 SELL
MA_20 684.57 SELL 676.16 SELL
MA_32 707.27 SELL 686.79 SELL
MA_50 699.86 SELL 689.44 SELL
MA_100 684.94 SELL 683.17 SELL
MA_200 642.86 SELL 644.99 SELL

HINDALCO Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 684.57 Downtrend
MACD -7.03 SELL
ADX 26.16 Strong Trend
DMI (+/-) 16.37 / 34.7 Downtrend

HINDALCO Momentum Oscillators

BUY (0) NEUTRAL (2) SELL (10)
Momentum Oscillators Value Action
RSI 32.46 Neutral
STOCHASTIC_K (Fast) 7.27 Oversold
STOCHASTIC_D (Slow) 9.58 Oversold
CCI -135.2 SELL
PSAR 707.27 SELL
TRUE RANGE 11.3 SELL
ATR 23.07 SELL
WILLIAMS R -94.77 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 5.03 Oversold
STOCHASTIC RSI D 5.42 Oversold
MOMENTUM -105.75 SELL

HINDALCO Last 1 Year Trend

Duration Value
1 Year 30.03%
3 Months 0.96%
1 Month -14.43%
1 Week -3.2%

HINDALCO Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 7%
SELL 90%

Most popular Questions & Answers about HINDALCO


Hindalco Industries Ltd. stock last traded price is 652.00. HINDALCO share price moved Up by 0.61% from its previous close of Rs 648.05.

Hindalco Industries Ltd. share price trend is Up with a total of 3585460 stocks traded till now. It has touched an intraday high of Rs 780.3765 and an intraday low of Rs 647.4. The HINDALCO trading at 652.00, Up by Rs. 3.95, or 0.61 percent which suggests that most of the Traders are anticipating that the price of HINDALCO share should go Up and the Stop Loss will be around 652.6.

The market cap of Hindalco Industries Ltd. is ₹109556 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Hindalco Industries Ltd. as of Nov 22, 2024 is 33.2.

The current price to book ratio for Hindalco Industries Ltd. as of Nov 22, 2024 is 2.3.

The highest price of Hindalco Industries Ltd. stock is ₹772.65 in the last 52-week.

The lowest price of Hindalco Industries Ltd. stock is ₹496.35 in the last 52-week.

Hindalco Industries Ltd. share trading at ₹652.00, Up by Rs. 3.95, or 0.61 percent which suggests that most of the traders are anticipating that the price of HINDALCO share should go Up.

In 2023, Stock price target for Hindalco Industries Ltd. (HINDALCO) are ₹609.8 on downside and ₹776.5 on upside. Hindalco Industries Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Hindalco Industries Ltd. (HINDALCO) are ₹776.5 on downside and ₹827.2 on upside. Hindalco Industries Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Hindalco Industries Ltd. (HINDALCO) are ₹827.2 on downside and ₹885.1 on upside. Hindalco Industries Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Hindalco Industries Ltd. (HINDALCO) will be around ₹956 Hindalco Industries Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of HINDALCO.

The price of Hindalco Industries Ltd. (HINDALCO) shares moved by 0.61%. The short-term trend for HINDALCO share price is Up. It implies that the share price of HINDALCO will stay the same tomorrow and that intraday traders should treat VWAP at 652.6 as a stop loss. Investors with a long-term outlook can track HINDALCO long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of HINDALCO stock is 299.4. Compared to the current market price of 652.00 INR, the HINDALCO stock is Overvalued by 54.1%.

As per the fundamental analysis of Hindalco Industries Ltd. (HINDALCO), it is of Economical quality in terms of earnings and profit margins with an EPS of 24.97. Hindalco Industries Ltd. book value per share as of today is 283.5. The current price to book ratio for HINDALCO as of Nov 23, 2024 is 2.3.


NSE:HINDALCO News & Other Useful Information about HINDALCO Share Price


Peer Comparison of NSE: HINDALCO

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Iron & Steel

Company Price EPS BV
TATASTEEL 142.55 12.52 110.3
HINDALCO 652.00 24.97 283.5
SHYAMMETL 813.05 16.54 199.4
TINPLATE 430.50 8.91 120.66
MIDHANI 311.40 4.67 70.43
JTLINFRA 96.40 2.96 19.8
VENUSPIPES 1624.40 48.87 199.42
GALLANTT 320.95 13.19 101.57
HARIOMPIPE 570.25 19.32 150.55
SUPREMEENG 3.11 0 -2.65
Updated at: 22 Nov 2024 15:30

Feel free to contact us, in case of any queries.

SITEMAP 509
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |