HINDALCO Share Price Target From 2023 to 2030

Share of Hindalco Industries Limited is currently trading at around Rs.423/- Existing as well as prospective investors are asking for the Hindalco share price target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Hindalco and based on our discussion and analysis will tell you the Hindalco Share Price Target from 2023 to 2030.  

Following are the frequently asked questions by the existing as well as prospective investors,about the Hindalco:

• Is Hindalco a good buy?
• What is the future target of Hindalco?
• What is the target of Hindalco share in 2023?
• What is the target price of Hindalco in 2025?

Discussion & Analysis of Business & Financial performance of the Company:

Hindalco Industries Limited is a leading Indian aluminium and copper producer and a subsidiary of the Aditya Birla Group. The company’s business operations span across multiple sectors, including aluminium, copper, novelis, and cement. Hindalco has a strong market position in India and globally, with operations in 13 countries.

Business Performance:

In terms of business performance, Hindalco has shown consistent growth in recent years. The company’s revenue grew at a CAGR of 5.5% from INR 105,373 crore in FY17 to INR 128,136 crore in FY21. This growth is mainly driven by higher volumes and better realizations across aluminium and copper segments. The company’s aluminium segment witnessed volume growth of 9.2% in FY21, while the copper segment’s volume grew by 3.3%. Additionally, Hindalco’s subsidiary, Novelis, which is a global leader in rolled aluminium products, has been a significant contributor to the company’s growth.

Hindalco has also been focusing on cost optimization and operational efficiency. The company has invested in technology and process improvements, which have resulted in lower costs and improved productivity. This has helped the company to maintain its margins, despite volatile raw material prices.

Financial Performance:

Hindalco’s financial performance has been impressive, with the company reporting consistent growth in its earnings over the past few years. The company’s net profit grew at a CAGR of 12.8% from INR 3,191 crore in FY17 to INR 6,824 crore in FY21. The company’s strong financial performance is primarily driven by higher volumes, better realizations, and cost optimization efforts.

Hindalco’s financial position has also been robust, with the company reporting healthy liquidity and solvency ratios. The company’s debt-to-equity ratio has been stable at around 1.2x, indicating a healthy balance between debt and equity. The company’s interest coverage ratio has also been healthy, indicating the company’s ability to service its debt obligations. Additionally, the company’s cash and cash equivalents have been consistently high, providing the company with the flexibility to pursue growth opportunities and invest in the business.

Conclusion:

In conclusion, Hindalco Industries Limited has shown strong business and financial performance in recent years. The company has been focusing on cost optimization, operational efficiency, and technology improvements, which have resulted in higher volumes, better realizations, and improved margins. Additionally, Hindalco’s financial position has been robust, with healthy liquidity and solvency ratios. The company’s strong performance is a reflection of its strong market position, diversified business operations, and focus on growth and efficiency.

Hindalco Share Price Target 2023

Based on the above discussion and analysis, the share price of Hindalco may touch the level of around Rs.450-500 in 2023.

Hindalco Share Price Target 2024

Based on the above discussion and analysis, the share price of Hindalco is likely to touch the level of around Rs.525-575 in 2024

Hindalco Share Price Target 2025

Based on the above discussion and analysis, the share price of Hindalco  is likely to remain in the range of Rs.600-650 in 2025.

Hindalco Share Price Target 2026

Based on the above discussion and analysis, the share price of Hindalco  may touch the level of around Rs.675-725 in 2026.

Hindalco  Share Price Target 2027

Based on the above discussion and analysis, the share price of Hindalco  is likely to touch the level of around Rs.750-800 in 2027

Hindalco Share Price Target 2028

Based on the above discussion and analysis, the share price of Hindalco  is likely to remain in the range of Rs.825-875 in 2028

Hindalco Share Price Target 2029

Based on the above discussion and analysis, the share price of Hindalco  is likely to touch the level of around Rs.900-950 in 2029

Hindalco Share Price Target 2030

Based on the above discussion and analysis, the share price of Hindalco is likely to remain in the range of Rs.975-1100 in 2030

Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.

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