Hindalco stock: Emkay sets INR 1,150.00 target for Hindalco stock

Published on 10/19/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June 2026 revenue reached INR 848.25 billion, up 32.10 percent year over year. Hindalco stock costs INR 900.45 on October 19, 2026, down 0.83 percent on the NSE from INR 908.00.

Target and results guide trading

On October 16, 2026, Emkay set an INR 1,150.00 target, 27.71 percent above the NSE price.
In the June 2026 quarter, revenue reached INR 848.25 billion, up 32.10 percent year over year, while net income reached INR 70.13 billion.
Hindalco stock stood at INR 900.45 on the NSE on October 19, 2026 at 3:29 p.m. IST, down 0.83 percent from the prior close of INR 908.00.
The next results are scheduled for November 6, 2026, while the trailing P/E is 12.22.

Hindalco, INE038A01020, Illustration mit AI erstellt.

Hindalco (ISIN INE038A01020) has an INR 1,150.00 analyst target from Emkay, which is 27.71 percent above the stock's INR 900.45 price on the NSE. According to Business Today on October 16, 2026, Emkay said Hindalco was better placed than National Aluminium Company to withstand further aluminum price declines.

Hindalco's latest reported quarter provides the operating counterweight. AlfaFinder reported that revenue in the June 2026 quarter reached INR 848.25 billion, up 32.10 percent year over year, while net income rose 75.10 percent to INR 70.13 billion. The figures mark a substantial improvement in reported earnings, but the next quarter will test whether that pace holds.

Price remains below the yearly high

Hindalco stood at INR 900.45 on the NSE on October 19, 2026 at 3:29 p.m. IST, down 0.83 percent from the prior close of INR 908.00. The session range was INR 899.80 to INR 916.70, while volume reached 2,006,602 shares against an average of 4,080,832 shares.

The 52-week range runs from INR 770.15 to INR 1,176.00. The current price is 23.43 percent below the high and 16.92 percent above the low. That placement leaves the analyst target materially above the current quotation, while the stock remains well inside its established annual range.

Valuation and November results date

Hindalco's market capitalization is INR 2.0 trillion, with a trailing P/E of 12.22 and a dividend yield of 0.01 percent. AlfaFinder reported that the company scheduled its next quarterly results for November 6, 2026, at a board meeting dated September 25, 2026.

Comparison with peers

Hindalco (NSE, INR): minus 0.83 percent, P/E 12.22, market capitalization INR 2.0 trillion
Alcoa (NYSE, USD): minus 0.97 percent, P/E 7.06, market capitalization USD 10.8 billion
National Aluminium (NSE, INR): minus 1.93 percent, P/E 8.65, market capitalization INR 584.0 billion

Trading ends below the yearly high

Hindalco stood at INR 900.45 on the NSE on October 19, 2026 at 3:29 p.m. IST, down 0.83 percent from the prior close of INR 908.00. The stock's next dated test is the November 6, 2026 results announcement.