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Hindalco Industries gains on reporting 25% rise in Q1 consolidated net profit

14 Aug 2024 Evaluate

Hindalco Industries is currently trading at Rs. 626.10, up by 4.95 points or 0.80% from its previous closing of Rs. 621.15 on the BSE.

The scrip opened at Rs. 632.70 and has touched a high and low of Rs. 633.80 and Rs. 624.50 respectively. So far 56712 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 714.85 on 03-Jun-2024 and a 52 week low of Rs. 438.35 on 18-Aug-2023.

Last one week high and low of the scrip stood at Rs. 635.35 and Rs. 613.15 respectively. The current market cap of the company is Rs. 141361.16 crore.

The promoters holding in the company stood at 34.64%, while Institutions and Non-Institutions held 52.94% and 8.73% respectively.

Hindalco Industries has reported over 2-fold jump in net profit at Rs 1,471 crore for first quarter ended June 30, 2024 as compared to Rs 600 crore for the same quarter in the previous year. Total income of the company increased by 10.84% at Rs 22,310 crore for Q1FY25 as compared to Rs 20,129 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 25.26% rise in its net profit at Rs 3,074 crore for the quarter ended June 30, 2024 as compared to Rs 2,454 crore for the same quarter in the previous year. Total income of the company increased by 7.60% at Rs 57,437 crore for Q1FY25 as compared to Rs 53,382 crore for the corresponding quarter previous year.

Hindalco Share Price

1015.10 -23.85 (-2.30%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1015.10
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