Hindalco Industries Ltd.

BSE: 500440 | NSE: HINDALCO
Large Cap | Metal - Non Ferrous
939.25
4.55 (0.49%)
< Home < Back

Hindalco Industries jumps on reporting net profit of Rs 320.56 crore in Q3FY17

Date: 13-02-2017

Hindalco Industries is currently trading at Rs. 184.90, up by 2.90 points or 1.59% from its previous closing of Rs. 182.00 on the BSE.

The scrip opened at Rs. 184.00 and has touched a high and low of Rs. 187.90 and Rs. 182.10 respectively. So far 1528329 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 199.90 on 01-Feb-2017 and a 52 week low of Rs. 58.85 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 195.40 and Rs. 180.90 respectively. The current market cap of the company is Rs. 38052.62 crore.

The promoters holding in the company stood at 37.67%, while Institutions and Non-Institutions held 41.40% and 14.16% respectively.

Hindalco Industries has reported a net profit of Rs 320.56 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 32.75 crore for the same quarter in the previous year. Total income of the company increased by 13.88% at Rs 10134.78 crore for the quarter under review as compared Rs 8899.37 crore for the corresponding quarter previous year.     

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.