Hindalco Industries surges on the BSE

26 Nov 2012 Evaluate

Hindalco Industries is currently trading at Rs. 110.15, up by 2.25 points or 2.09% from its previous closing of Rs. 107.90 on the BSE.

The scrip opened at Rs. 108.50 and has touched a high and low of Rs. 110.35 and Rs. 107.65 respectively. So far 2,88,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 164.90 on 15-Feb-2012 and a 52 week low of Rs. 100.15 on 06-Sep-2012.

Last one week high and low of the scrip stood at Rs. 110.35 and Rs. 104.90 respectively. The current market cap of the company is Rs. 21,133 crore.

The promoters holding in the company stood at 32.06% while Institutions and Non-Institutions held 41.43% and 18.23% respectively.

Aluminium major, Hindalco Industries, has reported results for second quarter ended September 30, 2012.

The company’s net profit for the quarter declined by 28.58% at Rs 358.88 crore as compared to Rs 502.52 crore for the same quarter in the previous year. Total income of the company has decreased by 2.49% at Rs 6295.89 crore for quarter under review as compared to Rs 6456.87 crore for the quarter ended September 30, 2011. Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) declined 24.6 percent y-o-y to Rs 466 crore in the quarter.

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.

Hindalco Share Price

623.75 -5.75 (-0.91%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 623.75
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