NEW DELHI: Shares of Hindalco Industries traded 6.2 per cent up in Wednesday 's trade at 09:27AM (IST).
Around 9509404 shares changed hands on the counter.
The stock opened at Rs 120.0 and touched an intraday high and low of Rs 124.0 and Rs 116.7 , respectively, in the session so far.
The stock quoted a 52-week high of Rs 259.75 and a 52-week low of Rs 85.5 .
The Aditya Birla Group flagship Hindalco has further cemented its position as the world's largest producer of value-added aluminium products with the completion of the $2.8 billion acquisition of Aleris by its wholly-owned US subsidiary Novelis Inc.Financials Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 25562.01 Crore) operating in Metals - Non Ferrous sector.
For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 29197.00 Crore, down -1.55 % from last quarter Sales of Rs 29657.00 Crore and down -12.09 % from last year same quarter Sales of Rs 33212.10 Crore.
The Company reported net profit after tax of Rs 1060.00 Crore in latest quarter.
Hindalco Industries Ltd.
key Products/Revenue Segments include Aluminium which contributed Rs 23610.88 Crore to Sales Value (51.60 % of Total Sales), Copper/Copper Products which contributed Rs 22138.28 Crore to Sales Value (48.39 % of Total Sales)for the year ending 31-Mar-2019.
Promoter holding Promoters held 34.65385 per cent stake in the company as of quarter ended 31st Dec 2019 .
Valuation ratio It quoted a price-to-earnings ratio of 5.98 and price to book value of 0.44 .