Report
EUR 13.94 For Business Accounts Only

HINDALCO INDUSTRIES sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of HINDALCO INDUSTRIES (IN), a company active in the Non Ferrous Metals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date December 31, 2021, the closing price was INR 475.55 and its potential was estimated at INR 548.68.
Underlying
Hindalco Industries Limited

Hindalco Industries is engaged in the production and sale of aluminum and copper in India and internationally. Co.'s aluminum products include rolled products, extrusions, foils, primary aluminum ingots, billets, wire rods, and aluminum slabs; and aluminum chemicals, such as standard alumina, standard hydrate and specialty aluminas and hydrates for use in refractories, ceramics, fire retardant plastics, alum, and zeolite applications. Co. also offers aluminum foil and packaging solutions to pharmaceuticals, healthcare, dairy, confectionery, processed foods, personal products, and tobacco industries, as well as to the heat, ventilation, and air conditioning industries.

Provider
TheScreener
TheScreener

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