Hindalco Industries traded at 1,044.50 this Friday May 8th, decreasing 11.20 or 1.06 percent since the previous trading session. Looking back, over the last four weeks, Hindalco Industries lost 5.97 percent. Over the last 12 months, its price rose by 66.55 percent. Looking ahead, we forecast Hindalco Industries to be priced at 1,014.96 by the end of this quarter and at 948.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hindalco Industries Limited is engaged in the production of aluminium and aluminium products, and copper and copper products. The Company's segments include Aluminium, which includes hydrate and alumina, aluminum and aluminum product, and Copper, which includes continuous cast copper rods, copper cathode, sulfuric acid, di-ammonium phosphate (DAP) and complexes, and gold and silver products. The Company's geographic segments include India and Rest of the world. The Company's products include Aluminium Ingots/Rolled Products, Copper Cathodes and Concast Copper Rods. The Company's aluminum downstream offerings include extrusions, flat-rolled products, foils, wire rods and billets. The Company offers its services to various industries, such as automotive and transport, building and construction, industrial applications, pharmaceuticals and packaging, and white goods. The Company's brands include Hindalco extrusions, Maxloader, Eternia, Everlast, Freshwrapp, Superwrap and Birla Balwan.