Buy Hindalco Industries, target price Rs 580: Motilal Oswal
Hindalco Industries Ltd. with a target price of Rs 580.
The current market price of Hindalco Industries Ltd. is Rs 490.45.
Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 110203.50 Crore) operating in Metals — Non Ferrous sector.
Hindalco Industries Ltd. key Products/Revenue Segments include Copper/Copper Products, Fertilizers, Other Operating Revenue, Sale of services for the year ending 31-Mar-2023.
Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 54632.00 Crore, up 2.34 % from last quarter Total Income of Rs 53382.00 Crore and down -3.31 % from last year same quarter Total Income of Rs 56504.00 Crore. Company reported net profit after tax of Rs 2196.00 Crore in latest quarter.
