With a diverse product line that includes copper, aluminium, and downstream products, Hindalco Industries Ltd. is a top manufacturer of aluminium in India. The business has a proven history of expansion and profitability as one of Asia’s top manufacturers of aluminium. A major player in the global aluminium sector, Hindalco Industries Ltd. has made significant investments over the years to upgrade its production facilities and broaden its product line.
A rising demand for aluminium goods, notably in the automotive, aerospace, and packaging industries, has supported the company’s stock price over the past few years.
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Contents
HINDALCO IN RECENT NEWS
- Hindalco Industries Ltd is expected to increase its domestic capital expenditures in the fiscal year 2024, thanks to strong demand in the market.
HINDALCO SHARE PRICE TARGET 2023
| HINDALCO SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| March 2023 | ₹414.50 | ₹318.85 |
| April 2023 | ₹455.95 | ₹350.73 |
| May 2023 | ₹379.96 | ₹292.28 |
| June 2023 | ₹455.95 | ₹350.73 |
| July 2023 | ₹547.14 | ₹420.88 |
| August 2023 | ₹601.85 | ₹462.96 |
| September 2023 | ₹631.95 | ₹486.11 |
| October 2023 | ₹601.85 | ₹462.96 |
| November 2023 | ₹662.04 | ₹509.26 |
| December 2023 | ₹741.48 | ₹570.37 |
Hindalco Industries Ltd is poised for a bullish uptrend in 2023, with analysts predicting strong growth percentages for the company’s stock price throughout the year. The maximum price for Hindalco Industries Ltd in March 2023 is expected to be ₹414.50, while the minimum price is forecasted to be ₹318.85. From there, the company’s stock price is expected to see a steady increase over the next few months, reaching a maximum price of ₹741.48 in December 2023. This represents a significant increase over the minimum price for the year, and suggests that Hindalco Industries Ltd’s stock will see substantial gains in 2023.
HINDALCO SHARE PRICE TARGET 2024
| HINDALCO SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹780.51 | 1037.03 |
| February 2024 | ₹876.98 | ₹730.81 |
| March 2024 | ₹923.13 | ₹750.52 |
| April 2024 | ₹839.21 | ₹645.55 |
| May 2024 | ₹699.34 | ₹537.96 |
| June 2024 | ₹839.21 | ₹645.55 |
| July 2024 | ₹713.33 | ₹552.97 |
| August 2024 | ₹784.66 | ₹622.75 |
| September 2024 | ₹823.90 | ₹633.77 |
| October 2024 | ₹969.29 | ₹745.61 |
| November 2024 | ₹1,017.75 | ₹782.89 |
| December 2024 | ₹1,038.11 | ₹798.55 |
Hindalco Industries Ltd is expected to continue its upward trajectory, with analysts predicting a bullish outlook for the company’s stock price. Hindalco Industries Ltd share price is forecasted to experience significant growth throughout the year, with a maximum price target of ₹1,038.11 in December 2024 and a minimum price target of ₹537.96 in May 2024. This represents a substantial increase over the company’s 2023 price targets and suggests that Hindalco Industries Ltd stock will continue to perform well in the years to come. Of course, as with any investment, there are always risks considering, but for those who are bullish on Hindalco Industries Ltd’s prospects, 2024 looks like a promising year for the company’s stock.
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HINDALCO SHARE PRICE TARGET 2025
| HINDALCO SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹1,058.87 | ₹814.52 |
| February 2025 | ₹1,114.60 | ₹857.39 |
| March 2025 | ₹1,170.33 | ₹900.26 |
| April 2025 | ₹1,044.94 | ₹803.80 |
| May 2025 | ₹949.95 | ₹730.73 |
| June 2025 | ₹1,044.94 | ₹803.80 |
| July 2025 | ₹995.18 | ₹765.52 |
| August 2025 | ₹1,036.65 | ₹797.42 |
| September 2025 | ₹1,088.48 | ₹837.29 |
| October 2025 | ₹1,153.79 | ₹887.53 |
| November 2025 | ₹1,234.55 | ₹949.66 |
| December 2025 | ₹1,259.24 | ₹968.65 |
Hindalco Industries Ltd’s stock price is projected to continue its upward momentum in 2025. The company’s share price is expected to experience growth throughout the year, with a maximum price target of ₹1,259.24 in December 2025 and a minimum price target of ₹730.73 in May 2025. These projections suggest that Hindalco Industries Ltd’s stock will continue to be a promising investment for those who are bullish on the company’s future prospects. As always, there are risks involved with any investment, but if the current trend continues, 2025 could be another year of significant growth for Hindalco Industries Ltd shareholders.
HINDALCO SHARE PRICE TARGET 2026 TO 2030
| HINDALCO SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹881.47 | ₹617.03 |
| 2027 | ₹749.25 | ₹524.48 |
| 2028 | ₹1,348.65 | ₹944.06 |
| 2029 | ₹2,770.34 | ₹1,939.24 |
| 2030 | ₹3,085.15 | ₹2,159.60 |
Hindalco Industries Ltd stock price is expected to continue its upward trajectory. The data suggests that 2026 will see a maximum price target of ₹881.47 and a minimum price target of ₹617.03. In 2027, the company’s stock is projected to reach a maximum price of ₹749.25 and a minimum of ₹524.48. The year 2028 is expected to be a particularly promising year for Hindalco Industries Ltd’s shareholders, with a maximum price target of ₹1,348.65 and a minimum of ₹944.06. The upward trend is expected to continue into 2029, with a maximum price target of ₹2,770.34 and a minimum of ₹1,939.24. Finally, 2030 is expected to see a maximum price target of ₹3,085.15 and a minimum of ₹2,159.60. These projections suggest that Hindalco Industries Ltd’s stock will continue to be a bullish investment for those who are optimistic about the company’s future prospects. As always, there are risks involved with any investment, but if the current trend continues, 2026 to 2030 could be a period of substantial growth for Hindalco Industries Ltd’s shareholders.
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FINANCIAL STRENGTH OF HINDALCO INDUSTRIES LTD (2018 TO 2022)
| ANNUAL | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
| Total Revenue | 1,96,195.00 | 1,33,207.00 | 1,19,330.00 | 1,31,669.36 | 1,16,287.37 |
| Total Revenue Growth (%) | 47.29 | 11.63 | -9.37 | 13.23 | 14.80 |
| Total Expenses | 1,77,209.00 | 1,24,815.00 | 1,13,126.00 | 1,23,586.75 | 1,09,779.40 |
| Total Expenses Growth (%) | 41.98 | 10.33 | -8.46 | 12.58 | 12.08 |
| Profit after Tax (PAT) | 13,730.00 | 3,483.00 | 3,767.00 | 5,495.67 | 6,082.92 |
| PAT Growth (%) | 294.20 | -7.54 | -31.46 | -9.65 | 220.20 |
| Operating Profit Margin (%) | 11.66 | 9.19 | 8.80 | 9.08 | 9.04 |
| Net Profit Margin (%) | 7.03 | 2.63 | 3.18 | 4.20 | 5.28 |
| Basic EPS (₹) | 61.73 | 15.66 | 16.94 | 24.67 | 27.30 |
Hindalco Industries Ltd has shown steady growth over the last five years, as seen in its financial bank statement. The company’s total revenue has consistently increased, with a significant growth rate of 47.29% in FY 2022 compared to the previous year, and a minimum of -9.37% in FY 2020. Similarly, the company’s total expenses have also increased, with a growth rate of 41.98% in FY 2022 and a minimum of -8.46% in FY 2020. Despite the increase in expenses, Hindalco Industries Ltd has been able to generate a higher profit after tax (PAT) in FY 2022, which was ₹13,730.00 crore. This is an impressive growth rate of 294.20% compared to the previous year. However, the company’s PAT had a maximum of ₹6,082.92 crore in FY 2018. The company’s operating profit margin has also shown consistent growth, with a maximum of 11.66% in FY 2022 compared to 9.04% in FY 2018. The net profit margin, which indicates how much profit the company generates for every rupee of revenue, has also increased consistently over the years, with a maximum of 7.03% in FY 2022 compared to 5.28% in FY 2018. Finally, Hindalco Industries Ltd’s basic earnings per share (EPS) have also increased significantly over the years, with a maximum of ₹61.73 in FY 2022 compared to ₹27.30 in FY 2018.
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FAQ’s
The maximum share price target of Hindalco Industries Ltd in 2028 is Rs. 1348.65
The maximum share price target of Hindalco Industries Ltd in 2029 is Rs. 2770.34
The maximum share price target of Hindalco Industries Ltd in 2030 is Rs. 3085.15
CONCLUSION: HINDALCO INDUSTRIES LTD
Hindalco Industries Ltd appears to be a company with strong financial performance based on the income growth, PAT, sales growth, and profit growth over the previous five years. The company’s considerable revenue growth and profit growth, especially in FY 2022, show that the business is on the right track. Also, the PAT has greatly increased during the previous five years, indicating an improvement in the company’s profitability. Before making any investment selections, however, investors need take other aspects into account, such as market trends, industry competitiveness, and economic conditions. Overall, Hindalco Industries Ltd’s performance during the previous five years indicates that it might be a solid investment idea, but before making any investment decisions, investors should conduct careful study and analysis.
