Hindalco Industries Ltd.

Hindalco Industries is currently trading at Rs. 192.90, up by 0.65 points or 0.34% from its previous closing of Rs. 192.25 on the BSE.

The scrip opened at Rs. 194.55 and has touched a high and low of Rs. 194.55 and Rs. 191.50 respectively. So far 43425 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 237.70 on 03-Dec-2018 and a 52 week low of Rs. 171.25 on 26-Aug-2019.

Last one week high and low of the scrip stood at Rs. 194.80 and Rs. 187.05 respectively. The current market cap of the company is Rs. 43112.75 crore.

The promoters holding in the company stood at 34.66%, while Institutions and Non-Institutions held 46.62% and 12.55% respectively.

Hindalco Industries is betting big on the packaging and transport containers segment. The move is due to the low per capita use of aluminium in the country which is at 2.6 kg now and being the largest producer of the metal, it gives an added advantage to the company.

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.