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Realtime updates for Hindalco Industries [HINDALCO.NS]

Exchange: NSE Sector: Basic Materials Industry: Aluminum
Last Updated9 May 2024 @ 05:59

-2.23% INR 619.40

Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 05:59):

Hindalco Industries Limited, together with its subsidiaries, produces and sells aluminum and copper products in India and internationally. It operates through Aluminium, Copper, Novelis, and All Other segments...

Stats
Today's Volume 6.59M
Average Volume 9.22M
Market Cap 1 381.81B
EPS INR0 ( 2024-02-07 )
Next earnings date ( INR0 ) 2024-05-22
Last Dividend INR4.00 ( 2022-08-11 )
Next Dividend INR0 ( N/A )
P/E 11.94
ATR14 INR0.937 (0.15%)

Volume Correlation

Long: -0.63 (weak negative)
Short: -0.31 (neutral)
Signal:(51.865) Neutral

Hindalco Industries Correlation

10 Most Positive Correlations
HDFCLIFE.NS0.918
JINDWORLD.NS0.91
DBCORP.NS0.909
MEDICAMEQ.NS0.9
GOCOLORS.NS0.898
PRAENG.NS0.891
SARLAPOLY.NS0.89
TEXRAIL.NS0.889
ARVINDFASN.NS0.888
SBILIFE.NS0.887
10 Most Negative Correlations
4THDIM.NS-0.877
PGHL.NS-0.871
RAJRILTD.NS-0.867
ISMTLTD.NS-0.866
SWSOLAR.NS-0.854
BLUESTARCO.NS-0.847
RADAAN.NS-0.846
CUMMINSIND.NS-0.828
JINDCOT.NS-0.82
SHRIRAMEPC.NS-0.817

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Hindalco Industries Correlation - Currency/Commodity

The country flag -0.74
( moderate negative )
The country flag 0.17
( neutral )
The country flag -0.82
( strong negative )
The country flag -0.32
( neutral )
The country flag 0.09
( neutral )
The country flag 0.61
( weak )

Hindalco Industries Financials

Annual 2022
Revenue: INR2 232.02B
Gross Profit: INR580.00B (25.99 %)
EPS: INR45.42
FY 2022
Revenue: INR2 232.02B
Gross Profit: INR580.00B (25.99 %)
EPS: INR45.42
FY 2022
Revenue: INR1 937.56B
Gross Profit: INR538.74B (27.81 %)
EPS: INR61.73
FY 2021
Revenue: INR1 310.09B
Gross Profit: INR356.66B (27.22 %)
EPS: INR15.66

Financial Reports:

No articles found.

Hindalco Industries Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR4.00
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)

Hindalco Industries Dividend Information - Ex Dividend Junior

Dividend Sustainability Score: 4.10 - low (36.33%) | Divividend Growth Potential Score: 2.74 - No dividend growth expected in the near future

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR0.383 1997-06-09
Last Dividend INR4.00 2022-08-11
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 27 --
Total Paid Out INR35.35 --
Avg. Dividend % Per Year 0.37% --
Score 1.94 --
Div. Sustainability Score 4.10
Div.Growth Potential Score 2.74
Div. Directional Score 3.42 --
Next Divdend (Est)
(2024-05-29)
INR0 Estimate 0.00 %
Dividend Stability
0.05 Very Bad
Dividend Score
1.94
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
1997 INR0 0.00%
1998 INR0 0.00%
1999 INR0 0.00%
2000 INR0 0.00%
2001 INR0 0.00%
2002 INR0 0.00%
2003 INR0 0.00%
2004 INR0 0.00%
2005 INR0 0.00%
2006 INR0 0.00%
2007 INR0 0.00%
2008 INR0 0.00%
2009 INR0 0.00%
2010 INR0 0.00%
2011 INR0 0.00%
2012 INR0 0.00%
2013 INR0 0.00%
2014 INR0 0.00%
2015 INR0 0.00%
2016 INR0 0.00%
2017 INR0 0.00%
2018 INR1.200 0.51%
2019 INR1.200 0.54%
2020 INR1.000 0.47%
2021 INR3.00 1.26%
2022 INR4.00 0.84%
2023 INR0 0.00%
2024 INR0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

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Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
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APTUS.NS Dividend Junior 2023-05-12 Semi-Annually 3 0.32%
TEXINFRA.NS Dividend Junior 2023-09-18 Annually 20 0.18%
ONWARDTEC.NS Dividend Junior 2023-07-10 Annually 9 1.02%
IOC.NS Dividend Knight 2023-07-28 Semi-Annually 28 5.08%
CRAFTSMAN.NS Dividend Junior 2023-06-19 Annually 3 0.13%
SHARDAMOTR.NS Dividend Junior 2023-09-18 Annually 9 0.90%
MANGCHEFER.NS Dividend Junior 2023-09-18 Annually 17 1.18%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.04351.5009.1310.00[0 - 0.5]
returnOnAssetsTTM01.20000[0 - 0.3]
returnOnEquityTTM0.1301.5009.6710.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM00.800-5.00-4.00[1 - 3]
quickRatioTTM00.800-4.71-3.76[0.8 - 2.5]
cashRatioTTM01.500-1.111-1.667[0.2 - 2]
debtRatioTTM0-1.50000[0 - 0.6]
interestCoverageTTM4.131.0009.589.58[3 - 30]
operatingCashFlowPerShareTTM50.202.0010.0010.00[0 - 30]
freeCashFlowPerShareTTM50.202.0010.0010.00[0 - 20]
debtEquityRatioTTM0-1.50000[0 - 2.5]
grossProfitMarginTTM0.2531.0009.129.12[0.2 - 0.8]
operatingProfitMarginTTM0.07561.000-0.487-0.487[0.1 - 0.6]
cashFlowToDebtRatioTTM01.000-1.111-1.111[0.2 - 2]
assetTurnoverTTM00.800-3.33-2.67[0.5 - 2]
Total Score4.10

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM14.941.0008.590[1 - 100]
returnOnEquityTTM0.1302.509.7910.00[0.1 - 1.5]
freeCashFlowPerShareTTM50.202.0010.0010.00[0 - 30]
dividendYielPercentageTTM01.50000[0 - 0.4]
operatingCashFlowPerShareTTM50.202.0010.0010.00[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM-1.3731.500-10.000[0.5 - 2]
operatingCashFlowSalesRatioTTM0.05171.000-1.2080[0.1 - 0.5]
Total Score2.74

Hindalco Industries

Hindalco Industries Limited, together with its subsidiaries, produces and sells aluminum and copper products in India and internationally. It operates through Aluminium, Copper, Novelis, and All Other segments. The company offers alumina; primary aluminum in the form of ingots, billets, and wire rods; aluminum flat rolled products (FRP); aluminum extrusions; and aluminum foil and packaging solutions for use in the automotive and transport, building and construction, aerospace and defense, electrical and electronics, pharmaceuticals and packaging, consumer durables and kitchenware, and white goods industries, as well as industrial applications. It also provides coarse alumina hydrate for use in alum, poly aluminum chloride, zeolites, aluminum fluoride, sodium aluminate, glass, catalysts, and aluminum hydroxide gel; and fine alumina hydrates, as well as flame retardants and smoke suppressants in cables, rubbers, plastics, etc.; and calcined alumina for use in ceramics, refractories, and polishing. In addition, the company offers copper products, including copper cathodes and continuous cast copper rods that are used in the agrochemical, automotive and transport, consumer durable, electrical equipment, railway, wire and cable, and EV and renewables industries. Further, it operates an all-weather jetty in the Gulf of Khambhat on the west coast of India; produces di-ammonium phosphate and nitrogen phosphorus potassium complexes; and offers phosphoric acid, phosphogypsum, sulfuric acid, copper slag, and aluminum fluoride, as well as sells gold, silver, and other materials. The company offers its aluminum extrusion products under the Hindalco extrusions, Maxloader, and Eternia brands; aluminum FRP under the Everlast brand; aluminum foils under the Freshwrapp and Superwrap brands; and copper products under the Birla Balwan brand. Hindalco Industries Limited was incorporated in 1958 and is based in Mumbai, India.

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