Hindalco Industries Ltd.

BSE: 500440 | NSE: HINDALCO
Large Cap | Metal - Non Ferrous
939.25
4.55 (0.49%)
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Hindalco Industries gains despite reporting 21% fall in Q2 net profit

Date: 02-11-2018

Hindalco Industries is currently trading at Rs. 243.05, up by 12.00 points or 5.19 % from its previous closing of Rs. 231.05 on the BSE.

The scrip opened at Rs. 234.00 and has touched a high and low of Rs. 244.20 and Rs. 231.45 respectively. So far 1346661 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 283.95 on 05-Jan-2018 and a 52 week low of Rs. 192.50 on 23-Jul-2018.

Last one week high and low of the scrip stood at Rs. 244.20 and Rs. 216.10 respectively. The current market cap of the company is Rs. 54450.67 crore.

The promoters holding in the company stood at 34.66%, while Institutions and Non-Institutions held 47.11% and 12.13% respectively.

Hindalco Industries has reported 21.44% fall in its net profit at Rs 308.62 crore for the quarter ended September 30, 2018 as compared to Rs 392.85 crore for the same quarter in the previous year. However, total income of the company increased by 5.08% at Rs 11,034.36 crore for Q2FY19 as compared Rs 10,500.69 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.