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Hindalco Industries Ltd soars 3.14%, rises for third straight session

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Capital Market

The stock is quoting at Rs 233.3, up 3.14% on the day as on 12:49 IST on the NSE. Hindalco Industries Ltd is down 2.61% in last one year as compared to a 7.2% gain in NIFTY and a 11.11% gain in the Nifty Metal index.

Hindalco Industries Ltd rose for a third straight session today. The stock is quoting at Rs 233.3, up 3.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 10857.35. The Sensex is at 36128.34, down 0.18%. Hindalco Industries Ltd has dropped around 3.73% in last one month.

 

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has dropped around 6.23% in last one month and is currently quoting at 3163.75, up 2.01% on the day. The volume in the stock stood at 75.57 lakh shares today, compared to the daily average of 86.12 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 233.2, up 3.12% on the day. Hindalco Industries Ltd is down 2.61% in last one year as compared to a 7.2% gain in NIFTY and a 11.11% gain in the Nifty Metal index.

The PE of the stock is 32.77 based on TTM earnings ending September 18.

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First Published: Dec 03 2018 | 1:05 PM IST

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