Will Hindalco share go up?

Tomorrow’s movement Prediction of Hindalco Industries Limited HINDALCO as on 31 Dec 2021 appears strongly Bullish. This stock started moving upwards as soon as it opened….Munafa value: 65 as on 31 Fri Dec 2021.

Strong resistance 507.08
Strong support 472
Strong support 449
Strong support 445.83
Strong support 403

What is the future of Hindalco share?

Hindalco Industries Limited quote is equal to 475.550 INR at 2021-12-31. Based on our forecasts, a long-term increase is expected, the “HINDALCO” stock price prognosis for 2026-12-28 is 937.043 INR. With a 5-year investment, the revenue is expected to be around +97.04%.

Should I invest in Hindalco?

Out of 24 analysts who have rated the Hindalco stock, 15 have rated it as strong buy and nine recommend buy. The consensus turns out to be strong buy. Among mutual funds who own a total 12 per cent in the company, it seems fund managers at ICICI Prudential Mutual Fund are especially bullish on the stock.

What is the target of Hindalco?

ThinkStock Photos Promoters held 34.64 per cent stake in the company as of 30-Sep-2021, while FIIs owned 25.47 per cent, DIIs 20.61 per cent. Centrum Broking has buy call on Hindalco Industries with a target price of Rs 609. The current market price of Hindalco Industries Ltd. is Rs 447.45.

What is the lot size of Hindalco?

List of 34 stocks where lot sizes are revised downward in multiples of old lot size

Sr No Underlying Present Market Lot
14 GODREJ PROPERTIES LTD 650
15 HINDALCO INDUSTRIES LTD 2150
16 ICICI PRU LIFE INS CO LTD 1500
17 INTERGLOBE AVIATION LTD 500

Is Hindalco a multibagger?

Shares of Hindalco Industries Limited have delivered a multi-bagger return to its long-term investors. In the past one year, the share price jumped from Rs 235.95 to Rs 469.60 mark — logging nearly 100 per cent return in this period. Of late, the brokerages have maintained bullish stance on the stock.

Is Hindalco debt free?

Bullish on demand for aluminium Hindalco Industries plans to repay ₹6,000-crore debt from next June to bring down its debt further. The company has reduced its net debt to ₹66,831 crore as of September-end against ₹78,266 crore recorded in the same period last year.

Why Hindalco is increasing?

Hindalco Ltd’s shares hit fresh highs on Thursday, reiterating investors’ confidence in its prospects. The confidence stems from the fact that the company benefits from the rise in aluminium prices. Shares have surged more than 100% since January.

Should I buy Hindalco shares?

Out of 24 analysts who have rated the Hindalco stock, 15 have rated it as strong buy and nine recommend buy. The consensus turns out to be strong buy. In the last three months, Hindalco has seen two upgrades and no downgrades.

What is the lot size of BPCL?

Bharat Petroleum (BPCL) Share Lot Size

Stock Name Symbol Option Lot Size
Bharat Petroleum Corp Ltd BPCL 1800

What kind of company is Hindalco?

Hindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India….Hindalco Industries.

Type Public
ISIN INE038A01020
Industry Metals
Founded 1958
Headquarters Mumbai, Maharashtra India

What is the dividend yield of Hindalco Industries stock?

For the year ending March 2019 Hindalco Industries has declared an equity dividend of 120.00% amounting to Rs 1.2 per share. At the current share price of Rs 190.25 this results in a dividend yield of 0.63%.

Will Hindalco continue its up trend on weekly chart?

NSE:HINDALCO [/symbol On weekly chart of Hindalco after a good bearish candle we are now seeing good efforts by bulls to stop selling and pushing the prices up from support level of 407. from here onwards HINDALCO will continue its up trend as chart is already sowing up trend. and higher highs and higher lows formations.

What is the product range of hithindalco?

Hindalco Industries Ltd.is an industry leader in aluminium and copper. The product range of the company includes Alumina chemicals-Aluminas and hydrates &Minerals.Primary aluminium-Ingots,Wire rods &Billets.Aluminium extrusions. Aluminium rolled products. Aluminium foil & packaging.

Is Hindalco Industries – re-testing break out level an opportunity to trade?

HINDALCO INDUSTRIES – Re-Testing Break Out Level waiting for confirmation candle for good entry. The stock has broken out and retested but the presence of a support around Rs.426 provides an opportunity to enter lower. Trade is supported by brokerage calls and Supports Nearby.