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Hindalco Industries Ltd spurts 1.4%, rises for fifth straight session

Capital Market 

Hindalco Industries Ltd is quoting at Rs 191.9, up 1.4% on the day as on 12:49 IST on the NSE. The stock is down 19.34% in last one year as compared to a 2.96% slide in NIFTY and a 33.75% slide in the Nifty Metal.

Hindalco Industries Ltd gained for a fifth straight session today. The stock is quoting at Rs 191.9, up 1.4% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37320.22, up 0.47%. Hindalco Industries Ltd has gained around 8.88% in last one month.

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 2.12% in last one month and is currently quoting at 2360.05, up 1.94% on the day. The volume in the stock stood at 33.56 lakh shares today, compared to the daily average of 64.85 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 192.5, up 1.66% on the day. Hindalco Industries Ltd is down 19.34% in last one year as compared to a 2.96% slide in NIFTY and a 33.75% slide in the Nifty Metal index.

The PE of the stock is 51.29 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 11 2019. 13:01 IST
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