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Hindalco Industries Ltd spurts nearly 2%, gains for a third straight session

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Capital Market

The stock is quoting at Rs 234.45, up 1.93% on the day as on 12:54 IST on the NSE. Hindalco Industries Ltd is up 21.48% in last one year as compared to a 12.89% spurt in NIFTY and a 21.64% spurt in the Nifty Metal index.

Hindalco Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 234.45, up 1.93% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.12% on the day, quoting at 10390.05. The Sensex is at 33882.68, up 0.01%. Hindalco Industries Ltd has risen around 2.99% in last one month.

 

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has risen around 0.83% in last one month and is currently quoting at 3683.35, up 1.42% on the day. The volume in the stock stood at 132.78 lakh shares today, compared to the daily average of 127.81 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 234.3, up 1.91% on the day. Hindalco Industries Ltd is up 21.48% in last one year as compared to a 12.89% spurt in NIFTY and a 21.64% spurt in the Nifty Metal index.

The PE of the stock is 29.23 based on TTM earnings ending December 17.

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First Published: Apr 11 2018 | 1:05 PM IST

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