- Hindalco’s consolidated net profit for the third quarter is 37.35 billion rupees, surpassing the estimated 33.72 billion rupees.
- The company’s sales reached 583.90 billion rupees, exceeding the forecasted 556.32 billion rupees.
- Copper sales significantly outperformed expectations with 137.32 billion rupees compared to an estimated 117.12 billion rupees.
- Total costs incurred by Hindalco amounted to 535.63 billion rupees.
- The current market sentiment includes 25 buy recommendations, no holds, and 4 sell recommendations for Hindalco stock.
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A look at Hindalco Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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
Investors looking at the long-term outlook for Hindalco Industries may find confidence in the company’s high scores across several key factors. With a top score in Value indicating favorable pricing relative to its fundamentals, Hindalco Industries could be seen as an attractive investment option. Furthermore, its solid Dividend score suggests a commitment to rewarding shareholders with consistent payouts. While Growth, Resilience, and Momentum scores are slightly lower, indicating room for improvement in these areas, overall, Hindalco Industries appears to have a solid foundation for future growth.
Hindalco Industries Limited, an integrated aluminum manufacturer, has positioned itself as a strong player in the industry. With operations spanning from mining bauxite to producing aluminum products, the company has a diversified portfolio. By excelling in areas such as Value and Dividend, Hindalco Industries showcases its ability to offer value to investors while maintaining a healthy dividend payout. As the company continues to focus on enhancing its Growth, Resilience, and Momentum scores, it can potentially strengthen its position in the market and drive long-term success.
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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