INSUBCONTINENT EXCLUSIVE:
Sagar Doshi of Edelweiss Financial Services has a buy call on Hindalco Industries Ltd
with a target price of Rs 225.0
The current price of Hindalco Industries Ltd
Sagar Doshi recommended to keep a stoploss at Rs 200
Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 46886.10 Crore) operating in
Metals - Non Ferrous sector
key Products/Revenue Segments include Aluminium which contributed Rs 23610.88 Crore to Sales Value (51.60 % of Total Sales), Copper/Copper
Products which contributed Rs 22138.28 Crore to Sales Value (48.39 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 29657.00 Crore, down -1.05 % from last quarter Sales
of Rs 29972.13 Crore and down -8.77 % from last year same quarter Sales of Rs 32507.00 Crore Company has reported net profit after tax of Rs
973.00 Crore in latest quarter
The company’s top management includes Mr.Askaran Agarwala, Mr.Debnarayan Bhattacharya, Mr.Kailash Nath Bhandari, Mr.Kumar Mangalam Birla,
Mr.Madhukar Manilal Bhagat, Mr.Praveen Kumar Maheshwari, Mr.Ram Charan, Mr.Satish Pai, Mr.Sudhir Mital, Mr.Vikas Balia, Mr.Yazdi Dandiwala,
Mrs.Rajashree Birla, Ms.Alka Marezban Bharucha
Company has Price Waterhouse - Co Chartered Accountants LLP as its auditoRs As on 30-06-2019, the company has a total of 2,245,845,916