The stock touched a high of Rs 145 and finally ended at Rs 143, up 1% from the previous close. The counter clocked volumes of 963,320 shares as compared to the two-week daily average traded volumes of 2.20 million shares on the BSE.
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(Updated at 1139hrs)
Hindalco is firm as the company is in the process of raising over Rs 4,500 crore as debt to achieve financial closure for Utkal Alumina Refinery, a new 1.5 millio-tonne per annum project in Orissa.
The stock has opened at Rs 143 and touched a high of Rs 145. The scrip is now trading at Rs 143, up 1% from its pevious close. The counter has clocked volumes of 375,706 shares as compared to the two-week daily average traded volumes of 2.2 million shares.
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