How is Hindalco result?

How is Hindalco result?

Hindalco Q1 results: Co posts record net profit at Rs 2,787 cr. Hindalco reported an operating profit (earnings before interest, tax, depreciation and amortisation) of Rs 6,790 crore, up 2.87 times from a year earlier. Consolidated revenue for the quarter ended June rose 64 per cent to Rs 41,358 crore.

Will Hindalco shares rise?

Tomorrow’s movement Prediction of Hindalco Industries Limited HINDALCO as on 04 Apr 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened….Munafa value: 70 as on 04 Mon Apr 2022.

Upside target 602.67
Downside target 577.85
Downside target 574.48
Downside target 569.65
Downside target 562.3

Is Hindalco debt free?

What Is Hindalco Industries’s Debt? As you can see below, Hindalco Industries had ₹668.2b of debt at September 2021, down from ₹778.5b a year prior. However, it also had ₹182.4b in cash, and so its net debt is ₹485.9b.

Is National aluminium a good buy?

Rakesh Jhunjhunwala Portfolio: Market experts are currently bullish on National Aluminium Company Limited (NALCO). Market experts also suggest buying the stock at around Rs 95 to Rs 100 levels. The stock could pretty soon jump about 40%. In the ongoing calendar year, NALCO’s share price has jumped by 121.98%.

Who are the promoters of Hindalco?

HINDALCO Promoter Shareholding Pattern

Category & Name of the Shareholders No. of shareholder No. of fully paid up equity shares held

Why is NALCO in loss?

Softening international alumina prices and spike in costs of critical inputs led National Aluminium Company (Nalco) to post a loss before taxes of Rs 53.22 crore for the quarter ended December 31, 2019 as against a profit before tax of Rs 470.05 crore the state-run producer registered in the comparable period of FY19.

Does Hindalco produce copper?

Hindalco produces copper cathodes, continuous cast copper rods in various sizes. Birla Copper is used in the manufacture of continuous copper rods for wire, cable and transformer industries; and copper tubes for consumer durable goods and other applications in the form of alloys and sheets.

Is Hindalco a PSU?

In India the primary aluminium producers are NALCO, HINDALCO, BALCO, MALCO and VAL, of whom only NALCO is in the Public Sector.

Who is the promoter of Tata Motors?

The Shareholding Pattern page of Tata Motors Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.

Shareholding Pattern – Tata Motors Ltd.
NoOfShares 3320552265 100%
Promoters 1540885009 46.4%
ForeignInstitutions 483898500 14.57%

How did Hindalco Industries Limited perform in Q1 2021?

Mumbai: Hindalco Industries Limited, the Aditya Birla Group metals flagship, today announced consolidated results for the quarter and year ended March 31, 2021. The Company reported its best quarterly performance with consolidated PAT up 189 per cent at ₹1,928 crore, a nearly three-fold increase YoY.

What did Hindalco’s Q3 results indicate?

Commenting on the results, Mr. Satish Pai, Managing Director, Hindalco Industries Ltd., said, “Our Q3 results flag a return to business at pre-COVID levels with resurgent demand globally. Novelis achieved record shipments, driven by strong demand across product end markets.

What is Hindalco aluminium used for?

Hindalco aluminium was used in manufacturing components of life-saving ventilators, components of X-ray and CT scan machines, COVID testing booths and other hospital equipment, Personal Protection Equipment (PPE) kits and sanitiser stands.

What is Hindalco’s net worth?

A US$ 16.7 billion metals powerhouse, Hindalco is the world’s largest aluminium rolling and recycling company, and a major copper player. It is also one of Asia’s largest producers of primary aluminium.