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HIL moves up on resuming operations at AAC Blocks manufacturing unit at Chennai

01 Nov 2013 Evaluate

HIL is currently trading at Rs. 264.00, up by 0.10 points or 0.04% from its previous closing of Rs. 263.90 on the BSE.

The scrip opened at Rs. 266.00 and has touched a high and low of Rs. 266.00 and Rs. 261.50 respectively. So far 301 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 538.00 on 09-Jan-2013 and a 52 week low of Rs. 252.00 on 29-Oct-2013.

Last one week high and low of the scrip stood at Rs. 284.85 and Rs. 252.00 respectively. The current market cap of the company is Rs. 197.01 crore.

The promoters holding in the company stood at 41.40% while Institutions and Non-Institutions held 5.38% and 53.22% respectively.

HIL has resumed the operations at the company’s AAC Blocks manufacturing unit located at Chennai, Tamil Nadu from October 31, 2013 which was stopped due to contract labour. The operations have resumed on amicable resolution of all the issues. The company had stopped its operations of the AAC Blocks manufacturing unit at Chennai with effect from October 14, 2013 onwards.

HIL (formerly known as Hyderabad Industries) is a flagship company of the C K Birla group of companies. HIL has led the cement industry for well over five decades. Today HIL is a multi product, multi location organization with a formidable network of branches, depots, stockists and personnel spread all over India.

BirlaNu Share Price

1436.30 -7.60 (-0.53%)
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