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Hindalco Industries Ltd gains for third straight session

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Capital Market

Hindalco Industries Ltd is quoting at Rs 239.25, up 3.19% on the day as on 12:49 IST on the NSE. The stock is up 18.97% in last one year as compared to a 9.22% jump in NIFTY and a 19.55% jump in the Nifty Metal index.

Hindalco Industries Ltd rose for a third straight session today. The stock is quoting at Rs 239.25, up 3.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 13153.2. The Sensex is at 44709.96, up 0.21%. Hindalco Industries Ltd has gained around 35.55% in last one month.

 

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 30.6% in last one month and is currently quoting at 3050.2, up 2.06% on the day. The volume in the stock stood at 162.99 lakh shares today, compared to the daily average of 214.58 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 239.55, up 2.79% on the day. Hindalco Industries Ltd is up 18.97% in last one year as compared to a 9.22% jump in NIFTY and a 19.55% jump in the Nifty Metal index.

The PE of the stock is 78.29 based on TTM earnings ending September 20.

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First Published: Dec 03 2020 | 1:05 PM IST

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