Friday 19 June 2015

Hindalco surges after LIC hikes stake

The stock is now up over 2 percent on the BSE.

Hindalco Industries is trading on a positive note amid reports that LIC increased its stake in the company to 13.34 percent from 11.33 percent in last two months.

The stock is now up 2.3 percent Rs. 123. The BSE counter has seen trades of around 211,000 shares, as against two-week daily average volume of 281,000 shares.

Meanwhile, the Sensex has jumped 208 points at 27,324. 

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