Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
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 | 677.20 |
| Vedanta | 444.35 |
| Hindustan Zinc | 670.55 |
| Gravita India | 1132.75 |
| Ram Ratna Wires | 372.30 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
