Engineers India Share Price VS Hindalco Share Price Engineers India Ltd (EIL), a state-owned engineering consultancy and technology licensing company, has experienced a downturn in its share price over the past six weeks, reflecting market challenges and potential concerns about its future trajectory. Despite its strong reputation and key role in the Indian infrastructure and energy sectors, EIL’s share price has faced volatility, which could impact its ability to regain its previous growth momentum. Hindalco Industries Ltd, on the other hand, has been a more resilient performer in the market, bolstered by its leadership in the aluminium and copper industries, both domestically and globally through its subsidiary Novelis.
Engineers India Share Price VS Hindalco Share Price Today Prediction
Engineers India Ltd (EIL) has shown slight positive momentum recently, with the share price increasing by 8.91% as of Thursday morning. Despite this, the stock has struggled to meet market expectations in the past seven weeks, experiencing a significant decline of over 30% from ₹261.35 on February 2, 2024, to ₹174.45 on March 20, 2024.
On the other hand, Hindalco Industries Ltd has posted impressive financial results, with a total profit of ₹1,362 crore in the October-December 2023 quarter, demonstrating strong performance in both its aluminium and copper divisions. Despite a 6.4% YoY drop in revenue, the company reported a remarkable 10.1x increase in profit, indicating robust operational efficiency. Hindalco’s solid performance, driven by global demand for aluminium, particularly in the automotive and green energy sectors, positions it as a more stable investment compared to EIL.
Engineers India Ltd Share Price Target 2024 To 2030
Year | Initial Target | Mid-Year Target | Year-End Target |
2024 | ₹336.86 | ₹437.63 | |
2025 | ₹508 | ₹477 | ₹570 |
2026 | ₹581 | ₹547 | ₹654 |
2027 | ₹667 | ₹627 | ₹748 |
2028 | ₹763 | ₹717 | ₹856 |
2029 | ₹873 | ₹821 | ₹980 |
2030 | ₹1000 | ₹940 | ₹1123 |
Engineers India Ltd Share Price Target 2024, 2025, 2026, 2027, 2028, 2029 To 2030
Engineers India Ltd Share Price Target 2024 ₹498.09, 2025 ₹570, 2026 ₹654, 2027 ₹748, 2028 ₹856, 2029₹980, To 2030 ₹1123. Full Information
Hindalco Share Price Target 2024 To 2030
Year | Initial Target | Mid-Year Target | Year-End Target |
|---|
2024 | ₹812.41 | ₹965.61 | |
2025 | ₹1079 | ₹1015 | ₹1212 |
2026 | ₹1236 | ₹1162 | ₹1386 |
2027 | ₹1414 | ₹1329 | ₹1585 |
2028 | ₹1617 | ₹1520 | ₹1815 |
2029 | ₹1851 | ₹1740 | ₹2077 |
2030 | ₹2119 | ₹1991 | ₹2378 |
Hindalco Industries Ltd Share Price Target 2024, 2025, 2026, 2027, 2028, 2029 To 2030
Hindalco Industries Ltd Share Price Target 2024 ₹1057.53, 2025 ₹1212, 2026 ₹1386, 2027 ₹1585, 2028 ₹1815, 2029 ₹2077, To 2030 ₹2378. Full Information
Engineers India Ltd (EIL) vs Hindalco Industries Ltd Share Price 2024-2030 Summary
Engineers India Ltd (EIL) has faced significant challenges in recent months, with a sharp decline in its share price and overall market performance in 2024. While the company has strategic collaborations in place, such as partnerships in green energy (carbon capture and green hydrogen) and technology innovation, its stock remains volatile due to these long-term projects not yet yielding immediate results. EIL’s share price could see some recovery in the medium term, potentially reaching ₹250-300 by 2030, contingent on the successful implementation of its green energy initiatives and the broader infrastructure development in India. However, in the short term, the stock may remain under pressure, with price fluctuations between ₹170-200 until these initiatives gain traction.
Hindalco Industries Ltd Share Price 2024-2030
Hindalco Industries Ltd, in contrast, presents a more stable and promising investment. With strong financial results and a solid market position in the aluminium and copper sectors, Hindalco has shown resilience in the face of market challenges. Its global operations, particularly through its subsidiary Novelis, position it well to benefit from growing demand in green industries, such as electric vehicles, and sustainability trends like aluminium recycling. Hindalco’s share price is expected to rise steadily from ₹400-450 in 2024 to ₹600-700 by 2030, making it a safer, long-term investment for those seeking consistent growth.
Key Takeaways:
- EIL offers long-term potential but with short-term volatility, with price projections of ₹170-200 in 2024, potentially reaching ₹250-300 by 2030.
- Hindalco offers more stability and predictable growth, with share prices forecast to rise from ₹400-450 in 2024 to ₹600-700 by 2030, driven by its strength in aluminium production and global market presence.
