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Hindalco Industries Ltd in demand

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Capital Market

Hindalco Industries Ltd is quoting at Rs 222.4, up 1.39% on the day as on 12:49 IST on the NSE. The stock is up 16.59% in last one year as compared to a 7.89% spurt in NIFTY and a 11.27% spurt in the Nifty Metal index.

Hindalco Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 222.4, up 1.39% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 12945.8. The Sensex is at 44120.24, down 0.14%. Hindalco Industries Ltd has risen around 23.01% in last one month.

 

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has risen around 18.88% in last one month and is currently quoting at 2772.5, up 1.33% on the day. The volume in the stock stood at 174.25 lakh shares today, compared to the daily average of 178.81 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 222.2, up 1.23% on the day. Hindalco Industries Ltd is up 16.59% in last one year as compared to a 7.89% spurt in NIFTY and a 11.27% spurt in the Nifty Metal index.

The PE of the stock is 74.12 based on TTM earnings ending September 20.

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First Published: Nov 19 2020 | 1:06 PM IST

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