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Hindalco bets big on packaging, transport containers segment

20 Nov 2019 Evaluate

Hindalco Industries is betting big on the packaging and transport containers segment. The move is due to the low per capita use of aluminium in the country which is at 2.6 kg now and being the largest producer of the metal, it gives an added advantage to the company.

Hindalco Industries is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.

Peers
Company Name CMP
Hindalco Industries 885.60
Vedanta 234.90
Hindustan Zinc 517.00
Jain Resource Recycl 274.80
CMR Green Tech 198.80
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