Hindalco Industries Ltd rose for a fifth straight session today
07 - Jun - 2018 12:00 AM | 15 days ago
Hindalco Industries Ltd rose for a fifth straight session today. The stock is quoting at Rs 252.25, up 1.67% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.07% on the day, quoting at 10798.65. The Sensex is at 35557.15, up 1.08%. Hindalco Industries Ltd has added around 5.68% in last one month.
Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has added around 0% in last one month and is currently quoting at 3619.6, up 1.92% on the day. The volume in the stock stood at 84.1 lakh shares today, compared to the daily average of 93.53 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 251.55, up 1.53% on the day. Hindalco Industries Ltd is up 27.11% in last one year as compared to a 11.94% gain in NIFTY and a 25.02% gain in the Nifty Metal index.
The PE of the stock is 33.77 based on TTM earnings ending March 18.
Hindalco Industries standalone net profit declines 24.98% in the March 2018 quarter
16 - May - 2018 12:00 AM | 37 days ago
Net profit of Hindalco Industries declined 24.98% to Rs 376.97 crore in the quarter ended March 2018 as against Rs 502.52 crore during the previous quarter ended March 2017. Sales rose 5.94% to Rs 11681.10 crore in the quarter ended March 2018 as against Rs 11026.09 crore during the previous quarter ended March 2017.
For the full year,net profit declined 7.73% to Rs 1436.49 crore in the year ended March 2018 as against Rs 1556.89 crore during the previous year ended March 2017. Sales rose 15.87% to Rs 42798.04 crore in the year ended March 2018 as against Rs 36936.61 crore during the previous year ended March 2017.
Board of Hindalco Industries recommends final dividend
16 - May - 2018 12:00 AM | 37 days ago
Hindalco Industries announced that the Board of Directors of the Company at its meeting held on 16 May 2018, inter alia, has recommended the final dividend of Rs.1.20 per share (i.e.120%), subject to the approval of the shareholders.
The result was announced during trading hours today, 16 May 2018.
Meanwhile, the S&P BSE Sensex was down 142.71 points, or 0.40% to 35,401.23.
On the BSE, 8.84 lakh shares were traded in the counter so far compared with average daily volumes of 8.62 lakh shares in the past two weeks. The stock had hit a high of Rs 247.30 and a low of Rs 237.40 so far during the day. The stock hit a record high of Rs 283.95 on 5 January 2018. The stock hit a 52-week low of Rs 184.70 on 23 May 2017.
Hindalco Industries (HIL) is a leading player in aluminium and copper manufacturing.
