Hindalco Industries is currently trading at Rs. 95.45, up by 1.85 points or 1.98% from its previous closing of Rs. 93.60 on the BSE.
The scrip opened at Rs. 96.00 and has touched a high and low of Rs. 97.25 and Rs. 94.40 respectively. So far 246890 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 137.00 on 02-Jan-2013 and a 52 week low of Rs. 86.90 on 26-Mar-2013.
Last one week high and low of the scrip stood at Rs. 105.30 and Rs. 91.50 respectively. The current market cap of the company is Rs. 18399.14 crore.
The promoters holding in the company stood at 32.06% while Institutions and Non-Institutions held 39.96% and 19.65% respectively.
Hindalco Industries is reportedly planning to raise Rs 5,000 crore to refinance its debt. Of total, the company will raise Rs 2,000 crore via bond issue. The bond issue will hit the markets in 2 quarters. Further, the company may take a loan of Rs 3,000 crore. SBI may be appointed as a lead banker for fund raising.
As on March 31, 2013, the company’s net debt stood at Rs 13,000 crore. On a consolidated basis, Hindalco’s net profit fell 10.89 percent at Rs 3,026.89 crore in FY13 from Rs 3,396.95 crore of FY12. Consolidated net sales also declined marginally by 0.86 per cent to Rs 79,705.51 crore in the last fiscal.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 632.40 |
| Vedanta | 480.00 |
| Hindustan Zinc | 470.50 |
| Gravita India | 2283.30 |
| Ram Ratna Wires | 577.05 |
| View more.. | |
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