• Hindalco 4Q consolidated net exceeded market estimates, registering at 31.7 billion rupees. This is an impressive 32% jump compared to last year.
• The company’s sales figures also surpassed expectations, tallying up to 560 billion rupees versus the estimated 539.6 billion rupees.
• Additionally, Hindalco recorded other income worth 1.62 billion rupees in the same quarter.
• The performance of the company has received wide acclaim. Out of 27 ratings, there have been 24 buys, 1 hold, and just two sells. This exhibits broad confidence in the company’s future prospects.
• It’s important to note that these comparisons are made with the company’s previously reported results, This ensures accuracy and consistency in the analysis.
A look at Hindalco Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Hindalco Industries is positioned well for long-term growth. With a strong score in Growth and Momentum, the company seems to be on a positive trajectory for the future. This indicates that Hindalco Industries may see continued expansion and upward movement in the industry.
While the company also scores high in Value and Resilience, showing stability and good fundamentals, its score in Dividend is slightly lower. However, overall, Hindalco Industries appears to be a solid choice for investors looking for a company with promising long-term prospects in the aluminum manufacturing sector.
Summary: Hindalco Industries Limited is an integrated aluminum manufacturer involved in mining bauxite, refining it into alumina, and smelting alumina into aluminum. The company also manufactures semi-fabricated rolled and extruded products, including aluminum ingots, steel rods, and rolled flat steel products.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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