Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Hindalco Industries's share price for the quarter that ended in Dec. 2023 was ₹614.85. Hindalco Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,237 Mil. Therefore, Hindalco Industries's market cap for the quarter that ended in Dec. 2023 was ₹1,375,198 Mil.
Hindalco Industries's quarterly market cap
increased
from Jun. 2023 (₹894,472 Mil) to Sep. 2023 (₹1,102,492 Mil) and
increased
from Sep. 2023 (₹1,102,492 Mil) to Dec. 2023 (₹1,375,198 Mil).
Hindalco Industries's annual market cap
increased
from Mar. 2021 (₹728,996 Mil) to Mar. 2022 (₹1,210,484 Mil) but then
declined
from Mar. 2022 (₹1,210,484 Mil) to Mar. 2023 (₹900,550 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Hindalco Industries's Enterprise Value for Today is ₹1,857,042 Mil.
Hindalco Industries Market Cap Historical Data
The historical data trend for Hindalco Industries's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Hindalco Industries's Market Cap
For the Aluminum subindustry, Hindalco Industries's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hindalco Industries's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Hindalco Industries's Market Cap falls into.
Hindalco Industries Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Hindalco Industries's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hindalco Industries (NSE:HINDALCO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Hindalco Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Hindalco Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Hindalco Industries (NSE:HINDALCO) Business Description
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations worldwide.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:HINDALCO has been successfully added to your 