Hindalco Industries is currently trading at Rs. 632.85, up by 7.20 points or 1.15% from its previous closing of Rs. 625.65 on the BSE.
The scrip opened at Rs. 625.65 and has touched a high and low of Rs. 636.00 and Rs. 614.55 respectively. So far 159840 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 661.30 on 26-Apr-2024 and a 52 week low of Rs. 398.00 on 25-May-2023.
Last one week high and low of the scrip stood at Rs. 654.90 and Rs. 611.65 respectively. The current market cap of the company is Rs. 142473.53 crore.
The promoters holding in the company stood at 34.64%, while Institutions and Non-Institutions held 52.81% and 8.85% respectively.
Indian Coast Guard (ICG) and Hindalco Industries have inked a Memorandum of Understanding (MoU) in New Delhi for the manufacturing and supply of indigenous marine-grade aluminium to Indian public and private shipyards for the construction of ships. The MoU will also provide benefits such as quarterly pricing, priority in supplies and Turnover discount.
The ICG fleet is presently operating 67 ships with aluminium hull with capability of operating in shallow waters. To further boost coastal security, it has planned to induct more such vessels where the indigenously manufactured marine-grade aluminium will be utilised.
Hindalco Industries 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.
| 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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