Hindalco Share Price Target 2025: Hindalco Industries shares today (August 13) surged as much as 6 per cent in intraday trade after the company reported
strong numbers in Q1 FY26. Hindalco shares opened 1 per cent higher at Rs 673 on NSE and went on to make a high of Rs 704.95.
Around 2 PM, Hindalco shares traded firmly in the green to quote near day's high at Rs 702. As many as 1.13 crore shares of Aditya Birla Group company changed hands around the same time.
Hindalco was also among the top gainers in the Nifty 50 during today's trade.
Hindalco shares are trading above all the key moving averages. Today's action in the mining company's shares was in line with gains in the aluminium and aluminium product sector.
Earlier on Tuesday, Hindalco reported a 30 per cent YoY rise in consolidated net profit to Rs 4,004 crore during the first quarter of FY2026. The firm had made a profit of Rs 3,074 crore in the April-June period of FY2025.
Hindalco's revenue from operations surged 13 per cent to Rs 64,232 crore from Rs 57,013 crore in the year-ago quarter.
The flagship metal company of Aditya Birla Group said that the June quarter's performance was driven by operational efficiencies, cost control and an enhanced product mix. Also, higher average aluminium prices contributed to the overall performance.
Post quarterly earnings, brokerages have shared mixed report on Hindalco. Motilal Oswal and Nuvama have maintained Buy rating on Hindalco shares for target price of Rs 790 and Rs 757 (earlier Rs 776), respectively. On the other hand, Avendus has maintained SELL on Hindalco but raised the target price to Rs 616 from Rs 600.
According to Motilal Oswal, Hindalco's India business reported strong performance in the quarter. Novelis EBITDA, it said, is expected to rebound in 2H. It added that robust domestic earnings will offset muted Novelist performance in FY26. The brokerage has valued Hindalco stock at 5.3x EV/EBITDA and 1.2x P/B on FY27E. It added that estimates are largely unchanged.
Nuvama said that Novelis earnings seen as having bottomed out but to remain tepid until Q3 FY2026. The domestic business will benefit from higher aluminium prices, boosting Q2 FY26 earnings.
Hindalco Industries Limited is the metals flagship company of the Aditya Birla Group. A USD 28 billion metals powerhouse, Hindalco is the world's largest aluminium company by revenues, and the world's second largest copper rods manufacturer (outside China).
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
