Hindalco Industries fell 3.95% to Rs 85.15 at 13:59 IST on BSE on profit booking after the stock jumped 30.08% in the preceding eight trading sessions to Rs 88.65 yesterday, 12 October 2015, from a recent low of Rs 68.15 on 29 September 2015.
Meanwhile, the BSE Sensex was down 159.89 points, or 0.59%, to 26,744.22.
On BSE, so far 16.94 lakh shares were traded in the counter, compared with an average volume of 11.02 lakh shares in the past one quarter.
The stock hit a high of Rs 86.50 and a low of Rs 82.10 so far during the day. The stock hit a 52-week high of Rs 176.40 on 27 November 2014. The stock hit a 52-week low of Rs 67.55 on 29 September 2015.
The stock had outperformed the market over the past one month till 12 October 2015, rising 16.49% compared with 5.05% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 15.25% as against Sensex's 2.74% decline.
The large-cap company has an equity capital of Rs 206.50 crore. Face value per share is Re 1.
Hindalco Industries' net profit fell 67.37% to Rs 107 crore on 7.24% growth in revenue from operations to Rs 8575 crore in Q1 June 2015 over Q1 June 2014.
A part of the Aditya Birla Group, Hindalco Industries is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its copper smelter is amongst the largest single location custom smelter globally.
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