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HINDALCO INDUSTRIES LTD.254.90 12.90 (5.33%)

  • BSE: 509675
  • |
  • NSE: HINDALCO
  • |
  • ISIN NO: INE038A01020
  • |
  • INDUSTRY: Aluminium
Profile

HINDALCO

HINDALCO

Hindalco Industries, which is the metals flagship company of the Aditya Birla Group, is also an industry leader in aluminum and copper. Also, a metals powerhouse, along with a consolidated turnover of about INR 600, 128 million ($ 15 billion). Also, it is the world's largest aluminum rolling company and one of the biggest producers of primary aluminum in Asia. Its copper smelter is also the world's largest custom smelter at a single location. It was establi ... shed in 1958, and it also commissioned its aluminum facility located at Renukoot in Eastern U.P. in 1962. Soon after, acquisitions and mergers, with Indal, Birla Copper and the Nifty and Mt.Gordon copper mines in Australia, made a robust position of the company in value-added alumina, aluminum and copper products, and with vertical integration via access to the captive copper concentrates. In the year 2007, the acquisition of Novelis Inc., this is a world leader in aluminum rolling and can be recycling marked a vital milestone in the history of the aluminum industry in India. Along with, Novelis under its fold, the company ranks among the global top five aluminum majors, which is an integrated producer with low-cost alumina and aluminum facilities being combined with high-end rolling capabilities and a global footprint in about 12 countries overseas. Also, its combined turnover of about US$ 15 billion, places it in the Fortune 500 league. It also enjoys a leadership position in aluminum and copper in India. Also, its aluminum units across the country encompass the whole gamut of operations from alumina refining, bauxite mining, extrusions, aluminum smelting to downstream rolling, foils and alloy wheels, along with captive power plants & coal mines. Also, the Birla Copper unit produces copper cathodes, and continuous cast copper rods along with several other by-products, including silver, gold, and DAP fertilizers.

Some of the Group Companies:

  • Novelis Inc:Novelis Inc. is the world's leading aluminum rolled products producer based on shipment volume. The company produces an estimated 19% of the world's flat-rolled aluminum products and is the prominent producer in Europe and South America, and also the second-largest in North America and Asia. In 2009, it shipped 2.9 million tonnes of aluminum products and also reported net sales of about $10.2 billion.
  • Aditya Birla Minerals Ltd:It is the largest pure copper company listed on the Australian Stock Exchange. It also owns 51% of Aditya Birla Minerals Ltd (or ABML), which is a company with 100% holding in Birla Nifty Pty Limited and Birla Mt. Gordon Pty Limited being located in Western Australia and Queensland. ABML is also an S&P ASX 300 Index company, which is the largest pure copper company being listed on the Australian Stock Exchange.
  • Hindalco-Almex Aerospace Ltd:HAAL is a joint venture among Hindalco Industries Limited and Almex USA being incorporated. It manufactures high-strength aluminum alloys for several applications in the areas of aerospace, sporting goods, and surface transport industries. The Company also holds 70% equity whereas Almex holds the balance 30%.

The product range of the company includes:

  1. Alumina chemicals:
  • Aluminas and hydrates
  • Minerals.
  1. Primary aluminum:
  • Ingots.
  • Wire rods
  • Billets.
  1. Aluminum extrusions.
  2. Aluminum rolled products.
  3. Aluminum foil & packaging.
  4. Aluminum alloy wheels.
  5. Copper products:
  • Copper cathodes
  • Continuous cast copper rods.
  1. DAP/NPK complexes.
Other:–
  • Sulphuric acid.
  • Phosphoric acid.
  • Phosphogypsum.
  • Copper slag.

Some of the Milestones:

  • 2013: The first metal was tapped at Mahan Aluminium. Also, the Utkal Alumina Refinery goes on stream.
  • 2011: It successfully achieved financial closure of the Mahan Project with the signing of the Common Rupee Loan Agreement for INR 7,875 crores.
  • 2009: QIP - rose about $600 million for several projects, which is the largest straight QIP in India.
  • 2008: The alumina expansion at Muri. Right issue - it raised a total of INR 4,426 crore for refinancing bridge loan being taken for Novelis acquisition. Also, the Hindalco Almex Aerospace Limited facility became operational and produced the largest aluminum billet of about 42’’ diameter.
  • 2007: The successful acquisition of Novelis, and made it the largest in aluminum rolling as well as among the global top five metals majors, along with a presence in 11 countries overseas. Also, the acquisition of Alcan's 45% equity stake in the Utkal Alumina project, thus making Hindalco the 100% project owner.
  • 2003: It also acquired Nifty Copper Mine in March 2003 via Aditya Birla Minerals Ltd. (or ABML, formerly Birla Minerals Resources Pty. Ltd.).
  • Also, ABML acquired the Mount Gordon copper mines in November 2003.
  • 1962: The commencement of production at Renukoot (in UP) with an initial capacity of about 20,000 mtpa of aluminum metal as well as 40,000 mtpa of alumina.
  • 1958: The incorporation of Hindalco Industries Limited took place.

Some of the Achievements:

  • 2010: Hindalco Renukoot received the Golden Peacock Award 2010 for the corporate social responsibility.
  • 2009:Also, its power division won the Golden Peacock Environment Management Award at the Global Convention on Climate Security.
  • 2008:
  • It received the Greentech Safety Gold Award 2008.
  • Also, Hindalco Hirakud Systems ranked runners up at the state level IT Competition 2008 being organized by CII in association with the department of IT (informational technology), Government of Orissa.
  • Also, Talabira coal mines bagged a host of safety awards such as, first in working face as well as maintenance of Dozer & Payloader and second in the dust suppression during the Annual Coal Mines Safety Fortnight 2008 being organized by Directorate of Mines Safety, Bhubaneswar and Chaibasa region.
  • Also, the Hirakud smelter received the state-level safety award for Best Occupational Healthcare 2006 - given in February 2008 at Bhubaneswar.

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Key Data
  • Market cap 37670.00 CR.
  • Book value 203.10
  • Stock P/E 92
  • Dividend Yield 0.60%
  • ROCE 3.81%
  • ROE 1.29%
  • Sales Growth (3Y) 2.90%
  • Face Value (3Y) 1.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Up

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 243.00 254.95
11 AM - -
12 PM - -
1 PM - -
2 PM - -
3 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 209.27 219.32 229.37 235.68 239.42 245.73 249.47 259.52 269.57
woodie's 209.47 219.52 226.31 229.58 236.36 239.62 246.41 249.68 259.72
fibonacci - 229.37 233.20 235.58 239.42 243.26 245.63 249.47 -
camarilla 236.47 239.24 240.16 241.08 -- 242.92 243.84 244.76 247.53
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 212.10
243.15
225.63 10.70 % 1.20 %
20 DAY 174.10
243.15
212.57 15.18 % 2.63 %
50 DAY 154.40
243.15
189.27 40.94 % 12.63 %
100 DAY 154.30
243.15
183.57 26.54 % 14.59 %
200 DAY 84.90
243.15
158.93 111.72 % 49.13 %
YTD 84.90
243.15
164.93 13.51 % 7.96 %
52 Week 84.90
243.15
175.69 22.69 % 9.46 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Industry Growth Rate

In Last 1 Year the industry has grown by 8.14 %

In Last 5 Year the industry has grown by 2.71 %

Peer comparison

Sales

COMPANY NAME201420152016201720182019
HINDALCO87695.00104281.0098759.00100184.00115183.00130542.00
VEDL66152.0073710.0064262.0072225.0091866.0092048.00
NATIONALUM7383.006817.007543.009509.0011499.00
ALICON533.00714.00749.00772.001013.001182.00
Total 51460.00 46522.00 42646.75 45181.00 54392.75 58817.75

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 Vedanta Limited 46966.71 126.35 217.28 18.99 7.54 18.99 4.06% 92048.00 7065.00 7.68% 0.20% 33.13% 13.52%
2 Alicon Castalloy Limited 29432.62 214.50 227.75 38.82 9.94 7.57 3.97% 1182.00 53.00 4.48% 16.68% 35.90%
3 HINDALCO INDUSTRIES LTD. 54288.87 241.90 209.29 24.71 7.94 24.76 4.12% 130542.00 5496.00 4.21% 13.33% 7.10% 27.50%
4 NATIONAL ALUMINIUM CO.LTD. 7835.81 42.00 54.95 9.29 4.67 1.86 1446.50% 11499.00 1734.00 15.08% 20.93% 29.21%
5 CENTURY EXTRUSIONS LTD. 1700.91 2.21 6.17
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • 1.75
    Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • 2.50
    Caution (>1.23 < 2.6)
  • Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

HINDALCO: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
HINDALCO20DECFUT 32112400.00 15333800.00 254.50 4300 2020-12-31
HINDALCO21JANFUT 494500.00 425700.00 255.20 4300 2021-01-28
HINDALCO21FEBFUT 68800.00 38700.00 256.05 4300 2021-02-25
ROLLOVER COST: 0.28% (INR 0.70)
ROLLOVER%:1.72%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
HINDALCO 2011-10-17 ISHARES MSCI INDIA MAURITIUS COMPANY P 432357.00 130.50
HINDALCO 2011-10-17 HSBC BANK (MAURITIUS) LIMITED S 432357.00 130.50
HINDALCO 2010-06-09 ABN AMRO BANK NV P 536375.00 134.00
HINDALCO 2010-06-09 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED S 536375.00 134.00
HINDALCO 2010-01-14 SWISS FINANCE CORPORATION (MAURITIUS) LTD P 385630.00 172.00
HINDALCO 2010-01-14 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED S 385630.00 172.00
HINDALCO 2010-01-13 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED S 385630.00 165.75
HINDALCO 2010-01-13 CREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAPO P 385630.00 165.75
Dividend history
Ex Date Amount
2019-08-14 1.20
2018-09-12 1.20
2017-09-05 1.10
2016-09-06 1.00
2015-09-07 1.00
2014-09-08 1.00
2013-08-30 1.40
2012-08-31 1.55
2011-09-14 1.50
2010-08-24 1.35
2009-09-10 1.35
2008-08-28 1.85
2001-07-02 12.00
2000-07-03 3.00
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value