INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Hindalco Industries Ltd
with a target price of Rs 236.0
The current market price of Hindalco Industries Ltd
is Rs 226.65 Time period given by the analyst is Intra Day when Hindalco Industries Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 220
Hindalco Industries Ltd., incorporated in 1958, is a largecap company with a market cap of Rs 50889.27 crore.
Hindalco Industries Ltd
key Products/Revenue Segments include Alumina which contributed Rs 19982.76 Crore to Sales Value (50.73 % of Total Sales) and Copper/Copper
Products which contributed Rs 19400.36 Crore to Sales Value (49.26 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-06-2018, the company has reported a Standalone sales of Rs 10593.21 Crore, down -9.31 % from last quarter Sales of
Rs 11681.10 Crore and up 8.43 % from last year same quarter Sales of Rs 9770.04 Crore Company has reported net profit after tax of Rs 413.53
Nath Bhandari, Mr.Kumar Mangalam Birla, Mr.Madhukar Manilal Bhagat, Mr.Praveen Kumar Maheshwari, Mr.Ram Charan, Mr.Satish Pai, Mr.Yazdi
Dandiwala, Mrs.Rajashree Birla
Company has Price Waterhouse Co LLP as its auditoRs As on 30-06-2018, the company has a total of 2,245,051,892 shares outstanding.
