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Hindalco Industries Ltd spurts 1.52%, rises for fifth straight session

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Capital Market

Hindalco Industries Ltd is quoting at Rs 190.05, up 1.52% on the day as on 12:44 IST on the NSE. The stock is down 17.82% in last one year as compared to a 14.84% jump in NIFTY and a 24.34% jump in the Nifty Metal.

Hindalco Industries Ltd gained for a fifth straight session today. The stock is quoting at Rs 190.05, up 1.52% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.65% on the day, quoting at 11920.65. The Sensex is at 40283.31, up 0.58%. Hindalco Industries Ltd has gained around 0.16% in last one month.

 

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 5.37% in last one month and is currently quoting at 2514.25, up 0.46% on the day. The volume in the stock stood at 26.83 lakh shares today, compared to the daily average of 66 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 189.85, up 1.23% on the day. Hindalco Industries Ltd is down 17.82% in last one year as compared to a 14.84% jump in NIFTY and a 24.34% jump in the Nifty Metal index.

The PE of the stock is 50.73 based on TTM earnings ending June 19.

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First Published: Oct 31 2019 | 1:01 PM IST

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