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Hindalco Industries Ltd drops for fifth straight session

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The stock is quoting at Rs 218.65, down 2.39% on the day as on 13:19 IST on the NSE. Hindalco Industries Ltd tumbled 18.67% in last one year as compared to a 0.39% slide in NIFTY and a 14.05% fall in the Nifty Metal index.

Hindalco Industries Ltd fell for a fifth straight session today. The stock is quoting at 218.65, down 2.39% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.75% on the day, quoting at 10168.15. The Sensex is at 33938.31, down 0.57%.Hindalco Industries Ltd has eased around 8.86% in last one month.Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has eased around 8.69% in last one month and is currently quoting at 3339.65, down 0.7% on the day. The volume in the stock stood at 41.79 lakh shares today, compared to the daily average of 113.7 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 218.85, down 2.36% on the day. Hindalco Industries Ltd tumbled 18.67% in last one year as compared to a 0.39% slide in NIFTY and a 14.05% fall in the Nifty Metal index.

The PE of the stock is 29.63 based on TTM earnings ending June 18.

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First Published: Oct 23 2018 | 1:35 PM IST

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