Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Hind Aluminium Industries Ltd. primarily specializes in the production of wire rods and conductors, alongside its involvement in mining and power generation. The company's business activities are structured into two distinct divisions: Aluminum Products and Power. The Aluminum Products division encompasses the manufacturing and sales operations related to its core aluminum wire rods and conductors. Conversely, the Power segment is dedicated to generating electricity, utilizing both wind and solar energy facilities. Lalit Kumar Daga founded the company in 1973, and it is headquartered in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive'