|
22 Sep 2025 |
Hindalco Industries
|
Consensus Share Price Target
|
747.80 |
751.56 |
- |
0.50 |
buy
|
|
|
|
|
24 Apr 2024
|
Hindalco Industries
|
ICICI Direct
|
747.80
|
780.00
|
636.10
(17.56%)
|
|
Buy
|
|
|
|
|
15 Feb 2024
|
Hindalco Industries
|
SMC online
|
747.80
|
|
513.20
(45.71%)
|
|
Results Update
|
|
|
|
|
14 Feb 2024
|
Hindalco Industries
|
Axis Direct
|
747.80
|
660.00
|
507.80
(47.26%)
|
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
|
747.80
|
660.00
|
507.80
(47.26%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY rating.
|
|
13 Feb 2024
|
Hindalco Industries
|
Prabhudas Lilladhar
|
747.80
|
597.00
|
510.10
(46.60%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2024
|
Hindalco Industries
|
Axis Direct
|
747.80
|
660.00
|
510.10
(46.60%)
|
Target met |
Buy
|
|
|
EBITDA is expected to reach the $500 Mn mark in Q4FY24. Recommendation: We maintain our BUY rating on Hindalco.
|
|
13 Nov 2023
|
Hindalco Industries
|
Prabhudas Lilladhar
|
747.80
|
583.00
|
487.50
(53.39%)
|
Target met |
Buy
|
|
|
|
|
13 Nov 2023
|
Hindalco Industries
|
Axis Direct
|
747.80
|
555.00
|
482.45
(55.00%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating.
|
|
13 Nov 2023
|
Hindalco Industries
|
SMC online
|
747.80
|
|
487.50
(53.39%)
|
|
Results Update
|
|
|
|
|
08 Nov 2023
|
Hindalco Industries
|
Axis Direct
|
747.80
|
555.00
|
488.05
(53.22%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on Hindalco.
|