Narrative Update • Aug 08

Over the last 7 days, the Aluminum industry has risen 8.1%, driven by gains from Hindalco Industries of 5.6%. In the last 12 months, the industry was up 65%. Looking forward, earnings are forecast to grow by 13% annually.
Has the Indian Aluminum Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 11 Aug 2026 | ₹3.2t | ₹3.3t | ₹235.8b | 17.2x | 13.4x | 1x |
| Thu, 09 Jul 2026 | ₹2.9t | ₹3.1t | ₹196.0b | 19.6x | 15x | 0.9x |
| Sat, 06 Jun 2026 | ₹3.2t | ₹3.0t | ₹193.9b | 14.1x | 16.7x | 1.1x |
| Mon, 04 May 2026 | ₹3.1t | ₹2.9t | ₹223.9b | 19.2x | 14x | 1.1x |
| Wed, 01 Apr 2026 | ₹2.7t | ₹2.9t | ₹223.9b | 13.1x | 12.3x | 1x |
| Fri, 27 Feb 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 16.9x | 12.7x | 1x |
| Sun, 25 Jan 2026 | ₹2.9t | ₹2.8t | ₹240.4b | 21.8x | 12x | 1x |
| Tue, 23 Dec 2025 | ₹2.5t | ₹2.8t | ₹240.6b | 21.3x | 10.5x | 0.9x |
| Thu, 20 Nov 2025 | ₹2.3t | ₹2.8t | ₹240.5b | 24.6x | 9.5x | 0.8x |
| Sat, 18 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.4b | 19.4x | 9.6x | 0.8x |
| Mon, 15 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.6x | 9.4x | 0.8x |
| Wed, 13 Aug 2025 | ₹1.9t | ₹2.6t | ₹218.9b | 17.7x | 8.5x | 0.7x |
| Fri, 11 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 19.4x | 8.8x | 0.7x |
| Sun, 08 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.2b | 23.6x | 8.6x | 0.7x |
| Tue, 06 May 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 16.8x | 9.5x | 0.7x |
| Thu, 03 Apr 2025 | ₹1.8t | ₹2.5t | ₹182.6b | 17.7x | 10x | 0.7x |
| Sat, 01 Mar 2025 | ₹1.8t | ₹2.5t | ₹182.6b | 16.6x | 9.7x | 0.7x |
| Mon, 27 Jan 2025 | ₹1.8t | ₹2.4t | ₹158.2b | 21.4x | 11.2x | 0.7x |
| Wed, 25 Dec 2024 | ₹1.8t | ₹2.4t | ₹158.2b | 22.8x | 11.6x | 0.8x |
| Fri, 22 Nov 2024 | ₹1.9t | ₹2.4t | ₹158.2b | 21.1x | 12.3x | 0.8x |
| Sun, 20 Oct 2024 | ₹2.2t | ₹2.4t | ₹134.2b | 26.3x | 16.1x | 0.9x |
| Tue, 17 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26.7x | 14.3x | 0.8x |
| Thu, 15 Aug 2024 | ₹1.7t | ₹2.4t | ₹134.2b | 24.8x | 12.9x | 0.7x |
| Sat, 13 Jul 2024 | ₹2.0t | ₹2.3t | ₹125.6b | 23.9x | 15.5x | 0.8x |
| Mon, 10 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 22.7x | 15.1x | 0.8x |
| Wed, 08 May 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 20.5x | 15.6x | 0.7x |
| Fri, 05 Apr 2024 | ₹1.7t | ₹2.3t | ₹112.1b | 21.3x | 14.8x | 0.7x |
| Sun, 03 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 19.8x | 13.4x | 0.6x |
| Tue, 30 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 21x | 15.8x | 0.7x |
| Thu, 28 Dec 2023 | ₹1.6t | ₹2.4t | ₹100.2b | 17x | 16.1x | 0.7x |
| Sat, 25 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.2b | 15.7x | 13.4x | 0.6x |
| Mon, 23 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22x | 12.7x | 0.5x |
| Wed, 20 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 23.3x | 13x | 0.5x |
| Fri, 18 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.7b | 15.1x | 12x | 0.5x |
12x
How does Indian Aluminum compare with similar industries?
| IN Market | 0.11% | |
| Materials | 1.52% | |
| Metals and Mining | 3.06% | |
| Aluminum | 4.98% | |
| Diversified Metals and Mining | 6.72% | |
| Copper | 6.42% | |
| Gold | 4.58% | |
| Steel | 1.55% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500440 Hindalco Industries | ₹1.05k | 5.6% +₹122.1b | 55.6% | PE14.1x | |
| VAML Vedanta Aluminium Metal | ₹472.60 | 2.8% +₹49.5b | n/a | PE48x | |
| NATIONALUM National Aluminium | ₹382.70 | 3.7% +₹25.2b | 104.6% | PE10.4x | |
| MMP MMP Industries | ₹343.65 | 16.6% +₹1.2b | 41.3% | PE28.2x | |
| 539045 Manaksia Aluminium | ₹44.49 | 28.5% +₹646.8m | 45.6% | PE38.6x |