Hindalco Industries share price: Buy Hindalco Industries, price target Rs 485: Anand Rathi
Hindalco Industries Ltd., incorporated in 1958, is a large capitalization company (having a market capitalization of Rs 94077.89 Crore) operating in the metals – non-ferrous sector.
The major products/revenue segments of Hindalco Industries Ltd. include copper/copper products, aluminum, other operating income and sale of services for the year ending March 31, 2021.
For the quarter ended 31-03-2022, the company reported consolidated total revenue of Rs 56,057.00 Crore, up 11.11% from the previous quarter, total revenue of Rs 50,453.00 Crore and up 37.75% from the same quarter last year, total revenue of Rs 40,696.00 Crore. The company reported a net profit after tax of Rs 3850.00 Crore last quarter.
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The promoters held 34.64% of the company’s capital as of March 31, 2022, while the FIIs held 28.85% and the DIIs 19.22%.
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