According to the many exports and investors very soon the Hindalco share will give a huge return. the stock has moved up side approximately 10% in the last month and most probably this month, the stock will also give some profit too. In short, this stock is very bullish at this time and Hindalco share price target can be very big in the future.
In the chart, the Hindalco stock also looking bullish and in the short term, we can also see some upside moves. the stock’s all-time high was approximately Rs. 630 and as of now, it is trading near Rs. 470. Most probably in the next few years, it can create a new all-time high.
There are some major issues but almost some strength according to the fundaments of the Hindalco stock. In a few words, there are some advantages as well as disadvantages too.
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About Hindalco
Hindalco was founded in 1958 and its current managing director is Mr. Satish Pai. Hindalco is a subsidiary company of Aditya Birla Group. Hindlaco is involved in the business of metals.
Hindalco is one of the largest aluminum and copper manufacturers in India. They are not only involved in the business of copper and aluminum but they are also involved in the business of chemicals, dry cargo handling, fertilizers, acids, and some more.
In each business category, they have a lot of products, and they have the capacity in each business. You can check this information in very detail on their official website.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of company among the all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, It is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Hindalco company were last updated on 23 August 2023. Check the latest information on any broker website or screener.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 46,689.19 |
| March 2020 | 40,981.00 |
| March 2021 | 43,351.00 |
| March 2022 | 68,188.00 |
| March 2023 | 77,464.00 |
Quarterly Results (Last 5 Years)
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 451.00 |
| Sep 2022 | 449.00 |
| Dec 2022 | 464.00 |
| Mar 2023 | 510.00 |
| Jun 2023 | 482.00 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 1,03,652.86 Cr |
| ENTERPRISE VALUE | Rs. 1,19,806.86 Cr. |
| NO. OF SHARES | 224.72 Cr. |
| P/E | 41.83 |
| P/B | 1.75 |
| FACE VALUE | Rs. 1 |
| DIV. YIELD | 0.67 % |
| BOOK VALUE (TTM) | Rs. 263.84 |
| CASH | Rs. 1,789 Cr. |
| DEBT | Rs. 17,943 Cr. |
| EPS (TTM) | Rs. 11.03 |
| SALES GROWTH | 13.64 % |
| ROE | 5.87 % |
| ROCE | 8.04 % |
| PROFIT GROWTH | -39.60 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 26.25 % |
| DII | 26.3 % |
| Public | 9.13 % |
| Promoters | 34.64 % |
| Other Holders | 0.0 % |
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the t rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
SAIL Share Price Target
Many experts have given a green signal that in the near future, the Hindalco stock can touch an all-time high to create a new all-time high. These things are going to be true as the Hindalco stock is bullish and given a nearly 50% return from its 52-week low. 50% return is a very high return for anyone.
Hindaclo is also involved in multiple businesses as shared above and doing good. According to some news, Hindalco is planning for Rs. 2,000 Crore to recycle the copper e-waste. Not only this news there are also many news news which can help the stock to make a new all-time high.
There are major issues in Hindalco’s fundamentals that is its ROE is approximately 6.16 in the last 3 years which is not a good thing but the rest of the fundamentals are very blood like profit growth, revenue growth, cash flow, etc.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Hindalco share price target 2023
In the short term for 2023, the Hindalo stock is very positive but not expecting any good returns because the stock has already given up to 20% return in the past few months.
The stock recently crossed a resistance and now it is a support. In 2023 the Hindalco stock share price target can be near Rs. 485 – 500. The target can be also achieved at the start of 2024.
Hindalco share price target 2025
In March 2022 the stock crashed very badly from its all-time high. As you can see in the chart the stock has taken a very long time to recover but it was important. Correction in stocks and the market is very important for good growth in the future.
Hindalco may take a few years to go near its all-time high as there are no major price actions formed. Byt the Hindalco stock can go up to Rs. 100 in 2024 or 2025 according to the current price action.
FAQs
According to the rules of investing, you should only invest in any stock when the stock is fundament good and available at least 10 – 15% discount from its all-time high or 52-week high. As of now the stock is available at Aprxx 25 – 27% discount from its all-time high and the expert also giving a buy signal.
As of now many investors and experts are bullish on the stock and most probably the stock can create or touch its all-time high in the next few years. So, it can be a lot of good for anyone doing SIP in the stock if the stock is good according to your analysis.
Yes, it can be a good stock for the long term as the Hindalco stock is also market-leading in copper and aluminum production in India. According to many experts and investors, the stock can be very good for the long term. Buying the stock in SIP can give you maximum return in the future.
Final Words: In the short term Hindalco stock has given a good return and as of now many experts also giving targets for the stocks. The business model and the fundamentals of the stock are very good and strong as well. SIP in the Hindalco share can give a good price target in the future. Do your own proper research before investing or ask your financial advisor.