|
15 Jul 2025 |
Hindalco Industries
|
Consensus Share Price Target
|
666.50 |
748.30 |
- |
12.27 |
buy
|
|
|
|
|
24 Jun 2024
|
Hindalco Industries
|
Geojit BNP Paribas
|
666.50
|
791.00
|
685.25
(-2.74%)
|
|
Buy
|
|
|
|
|
27 May 2024
|
Hindalco Industries
|
ICICI Direct
|
666.50
|
835.00
|
677.85
(-1.67%)
|
|
Buy
|
|
|
|
|
27 May 2024
|
Hindalco Industries
|
Axis Direct
|
666.50
|
755.00
|
681.30
(-2.17%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating.
|
|
07 May 2024
|
Hindalco Industries
|
Axis Direct
|
666.50
|
720.00
|
620.20
(7.47%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on Hindalco.
|
|
24 Apr 2024
|
Hindalco Industries
|
ICICI Direct
|
666.50
|
780.00
|
636.10
(4.78%)
|
|
Buy
|
|
|
|
|
15 Feb 2024
|
Hindalco Industries
|
SMC online
|
666.50
|
|
513.20
(29.87%)
|
|
Results Update
|
|
|
|
|
14 Feb 2024
|
Hindalco Industries
|
Axis Direct
|
666.50
|
660.00
|
507.80
(31.25%)
|
Target met |
Buy
|
|
|
We see multiple levers to increase Novelis' EBITDA/t towards $600/t in the medium term. Moreover, net leverage at Novelis is expected to come down to 2.5x by the end of FY24 vs. 2.7x in Q3FY24. We maintain our BUY rating.
|
|
14 Feb 2024
|
Hindalco Industries
|
Axis Direct
|
666.50
|
660.00
|
507.80
(31.25%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY rating.
|
|
13 Feb 2024
|
Hindalco Industries
|
Prabhudas Lilladhar
|
666.50
|
597.00
|
510.10
(30.66%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2024
|
Hindalco Industries
|
Axis Direct
|
666.50
|
660.00
|
510.10
(30.66%)
|
Target met |
Buy
|
|
|
EBITDA is expected to reach the $500 Mn mark in Q4FY24. Recommendation: We maintain our BUY rating on Hindalco.
|