Hindalco is currently trading at Rs. 121.60, up by 1.80 points or 1.50% from its previous closing of Rs. 119.80 on the BSE.
The scrip opened at Rs. 119.80 and has touched a high and low of Rs. 121.80 and Rs. 119.50 respectively. So far 187025 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 217.50 on 02-May-2011 and a 52 week low of Rs. 111.25 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 125.85 and Rs. 115.50 respectively. The current market cap of the company is Rs. 23204.25 crore.
The promoters holding in the company stood at 32.06% while Institutions and Non-Institutions held 41.79% and 17.76% respectively.
Hindalco Industries has completed issuance of Secured Redeemable Non-Convertible Debentures (NCD) amounting to Rs 3,000 crore on Private Placement (PP) basis at the coupon of 9.55% per annum.
The proceeds from this issue will be used for the general business purposes including capital expenditure, working capital, refinancing of existing debt. The mentioned debentures are proposed to be listed on WDM of National Stock Exchange of India.
The Committee of Directors in their meeting held on April 25, 2012, approved the allotment of 30,000 secured Redeemable Non-convertible Debentures on Private Placement basis, having the face value of Rs 10,00,000 each to the eligible Investors, in accordance with SEBI (Issue and Listing of Debt Securities) Regulations, 2008, and other relevant laws
Hindalco Industries, the metals flagship company of the Aditya Birla Group, is an industry leader in aluminium and copper. The company's aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines. Meanwhile, the Birla Copper unit produces copper cathodes, continuous cast copper rods along with other by-products, including gold, silver and DAP fertilisers.
| Company Name | CMP |
|---|---|
| Hindalco | 623.75 |
| Vedanta | 477.50 |
| Hindustan Zinc | 469.35 |
| Gravita India | 2330.25 |
| Ram Ratna Wires | 580.35 |
| View more.. | |
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