HINDALCO INDUSTRIES (BOM: 500440) Shares
ABOUT HINDALCO INDUSTRIES
Hindalco Industries Limited (BOM: 500440) is a Mumbai-based aluminium and copper manufacturing company. Hindalco Industries Limited has a history dating back to 1958 when it was established by the Aditya Birla Group, of which it is still a subsidiary today.
The company grew its portfolio through a number of strategic acquisitions. In 2007 the company expanded its international footprint with the acquisition of Canadian company Novelis, which was the world’s largest producer of rolled aluminium and a major recycler of aluminium cans.
At the time, the acquisition was the largest Indian investment in North America and the second-largest overseas investment by an Indian company. In 2018 the company acquired the Aleris Corporation, broadening its production base.
OVERVIEW OF HINDALCO INDUSTRIES
Hindalco Industries Limited employs 36 000 people globally, operating across 10 different countries with 37 production units. The company is an industry leader in aluminium and copper metals, as well as downstream value-added products in India and overseas. The company manages integrated operations in India from primary aluminium smelting to rolling, with resource security through access to captive bauxite ore, coal mines and linkages.
Hindalco Industries Limited’s products are used in a number of vital sectors in India’s rapidly emerging economy, including the automotive industry, the power supply sector, construction, railways, aerospace and defence. The company’s major aluminium brands include flat rolled products, foil and packaging, and extrusions.
Added to this, the company’s Copper Business operates one of the largest single location custom copper smelters in the world. The custom smelter complex at Dahej on the west coast of India houses copper smelters, refineries, rod plants, by-products plant, captive power plant, a captive jetty and other utilities. The company also operates a precious metals recovery plant which produces gold, silver, selenium and platinum.
VISION & VALUES OF HINDALCO INDUSTRIES
Sustainability is a core value of the company ethos of Hindalco Industries Limited.
To this end, the company maintains a well-rounded approach to sustainability which integrates a variety of areas, including sustainable mining practices, energy conservation, recycling, environment-friendly disposal of industrial wastes, safety practices, socio-economic development of the communities around the plant and empowerment of employees.
- The company’s approach is to set a clear policy and institutional framework, systematically monitor its performance, encourage continuous improvements and innovative practices, and deepen the dialogue with all stakeholders.
MARKET PERFORMANCE OF HINDALCO INDUSTRIES
Hindalco Industries Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under the stock symbol BOM: 500440.
Data from the company’s 2019 financial analysis shows that the company recorded its highest ever consolidated EBITDA of Rs 16 627 Crores on a turnover of Rs 1 30 542 Crores.
The company’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2020 and in the future.
LATEST NEWS HINDALCO INDUSTRIES
Buy HINDALCO INDUSTRIES stocks / shares – ? A Step by Step Guide how to Buy / Purchase HINDALCO INDUSTRIES Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy HINDALCO INDUSTRIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN HINDALCO INDUSTRIES STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE HINDALCO INDUSTRIES STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of HINDALCO INDUSTRIES stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy HINDALCO INDUSTRIES stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?