Sell Hindalco Industries, target Rs 178: Siddharth Bhamre
Sell Hindalco Industries Ltd. at a price target of Rs 178.0 and a stop loss at Rs 199.0 from entry point
By ETMarkets.com | Updated:
Independent analyst Siddharth Bhamre has a sell call on Hindalco Industries Ltd. with a target price of Rs 178.0 .The current market price of Hindalco Industries Ltd. is Rs 192.4 Time period given by analyst is Intra Day when Hindalco Industries Ltd. price can reach defined target. Siddharth Bhamre recommended to keep stoploss at Rs 199.0 .
Hindalco Industries Ltd., incorporated in the year 1958, is a largecap company with a market cap of ₹ 43161.17 crore operating in Metals - Non Ferrous sector.
Hindalco Industries Ltd. key Products/Revenue Segments include Aluminium and Aluminium Products which contributed ₹ 16885.88 Cr to Sales Value (45.93 % of Total Sales), Copper/Copper Products which contributed ₹ 14636.77 Cr to Sales Value (39.81 % of Total Sales), Metals Precious which contributed ₹ 2136.15 Cr to Sales Value (5.81 % of Total Sales), Others which contributed ₹ 1775.27 Cr to Sales Value (4.82 % of Total Sales), Alumina which contributed ₹ 928.66 Cr to Sales Value (2.52 % of Total Sales), Other Operating Revenue which contributed ₹ 395.62 Cr to Sales Value (1.07 % of Total Sales) and Other Materials which contributed ₹ 1.55 Cr to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 9226.04 Cr., up 3.57% from last quarter Sales of ₹ 8907.96 Cr. and up 15.21% from last year same quarter Sales of ₹ 8008.27 Cr. Company has reported net profit after tax of ₹ 320.56 Cr. in latest quarter. The company’s CEO is Mr.Satish Pai. It's Board of Directors include Mr.A K Agarwala, Mr.Anil Malik, Mr.B Arun Kumar, Mr.Bharat Bhushan Jha, Mr.D Bhattacharya, Mr.Devotosh K Das, Mr.Girish Dave, Mr.Jagdish Chandra Laddha, Mr.Jagdish Khattar, Mr.K N Bhandari, Mr.Kumar Mangalam Birla, Mr.M M Bhagat, Mr.Praveen Kumar Maheshwari, Mr.Ram Charan, Mr.Samik Basu, Mr.Sanjay Sehgal, Mr.Satish Jajoo, Mr.Satish Pai, Mr.Y P Dandiwala, Mrs.Rajashree Birla, Mr.Anil Malik. Company has its registered office at Century Bhavan,, 3rd Floor,, Dr. Annie Besant Road,, Mumbai, 400030, Maharashtra. Company has Singhi & Co. as its auditors. As on 31-03-2017, the company has a total of 2,090,307,195 shares outstanding.
Hindalco Industries Ltd., incorporated in the year 1958, is a largecap company with a market cap of ₹ 43161.17 crore operating in Metals - Non Ferrous sector.
Hindalco Industries Ltd. key Products/Revenue Segments include Aluminium and Aluminium Products which contributed ₹ 16885.88 Cr to Sales Value (45.93 % of Total Sales), Copper/Copper Products which contributed ₹ 14636.77 Cr to Sales Value (39.81 % of Total Sales), Metals Precious which contributed ₹ 2136.15 Cr to Sales Value (5.81 % of Total Sales), Others which contributed ₹ 1775.27 Cr to Sales Value (4.82 % of Total Sales), Alumina which contributed ₹ 928.66 Cr to Sales Value (2.52 % of Total Sales), Other Operating Revenue which contributed ₹ 395.62 Cr to Sales Value (1.07 % of Total Sales) and Other Materials which contributed ₹ 1.55 Cr to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 9226.04 Cr., up 3.57% from last quarter Sales of ₹ 8907.96 Cr. and up 15.21% from last year same quarter Sales of ₹ 8008.27 Cr. Company has reported net profit after tax of ₹ 320.56 Cr. in latest quarter. The company’s CEO is Mr.Satish Pai. It's Board of Directors include Mr.A K Agarwala, Mr.Anil Malik, Mr.B Arun Kumar, Mr.Bharat Bhushan Jha, Mr.D Bhattacharya, Mr.Devotosh K Das, Mr.Girish Dave, Mr.Jagdish Chandra Laddha, Mr.Jagdish Khattar, Mr.K N Bhandari, Mr.Kumar Mangalam Birla, Mr.M M Bhagat, Mr.Praveen Kumar Maheshwari, Mr.Ram Charan, Mr.Samik Basu, Mr.Sanjay Sehgal, Mr.Satish Jajoo, Mr.Satish Pai, Mr.Y P Dandiwala, Mrs.Rajashree Birla, Mr.Anil Malik. Company has its registered office at Century Bhavan,, 3rd Floor,, Dr. Annie Besant Road,, Mumbai, 400030, Maharashtra. Company has Singhi & Co. as its auditors. As on 31-03-2017, the company has a total of 2,090,307,195 shares outstanding.
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