Metal stocks were trading in the positive zone, with the S&P BSE Metal index rising 144.84 points or 0.78% at 18725.69 at 09:49 IST. Among the components of the S&P BSE Metal index, Tata Steel Ltd (up 1.95%), JSW Steel Ltd (up 1.11%),Jindal Steel & Power Ltd (up 0.63%),Steel Authority of India Ltd (up 0.61%),Vedanta Ltd (up 0.49%), were the top gainers. Among the other gainers were Hindalco Industries Ltd (up 0.2%), NMDC Ltd (up 0.18%), and Hindustan Zinc Ltd (up 0.12%). On the other hand, APL Apollo Tubes Ltd (down 2.55%), and Coal India Ltd (down 0.41%) moved lower.
At 09:49 IST, the S&P BSE Sensex was down 296.76 or 0.56% at 52272.18.
Commercial mining: Vedanta, Hindalco among 20 bidders for coal blocks indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Synopsis
Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 88440.73 Crore) operating in Metals - Non Ferrous sector.
Agencies
Promoters held 34.7 per cent stake in the company as of Dec 30, 2020, while FIIs held 23.1 per cent, DIIs 22.1 per cent and public and others 20.2 per cent.
Related
ICICI Direct has buy call on
Hindalco Industries with a target price of Rs 401.5. The current market price of Hindalco Industries Ltd. is Rs 390.55. Time period given by analyst is Intra Day when Hindalco Industries Ltd. price can reach defined target.
Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 88440.73 Crore) operating in Metals - Non Ferrous sector.
Hindalco Industries Ltd has added 0.34% over last one month compared to 0.92% gain in S&P BSE Metal index and 1.52% rise in the SENSEX
Hindalco Industries Ltd fell 1.19% today to trade at Rs 388.95. The S&P BSE Metal index is down 0.53% to quote at 18942.56. The index is up 0.92 % over last one month. Among the other constituents of the index, Vedanta Ltd decreased 0.97% and JSW Steel Ltd lost 0.96% on the day. The S&P BSE Metal index went up 154.8 % over last one year compared to the 46.09% surge in benchmark SENSEX.
Hindalco Industries Ltd has added 0.34% over last one month compared to 0.92% gain in S&P BSE Metal index and 1.52% rise in the SENSEX. On the BSE, 60609 shares were traded in the counter so far compared with average daily volumes of 5.64 lakh shares in the past one month. The stock hit a record high of Rs 428.3 on 10 May 2021. The stock hit a 52-week low of Rs 144.65 on 03 Jul 2020.
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