Tuesday 10 November 2015

Hindalco Industries Q2 net profit at Rs.103.3 crore, up 31%

The company’s total income has increased by 6.4 per cent to Rs.9,342.1 crore for the quarter under review from Rs.8,777.7 crore for the corresponding quarter of the previous year.


Hindalco Industries Ltd has announced the following Unaudited Standalone results for the quarter ended September 30, 2015 .

The company reported 31 per cent rise in its net profit at Rs.103.3 crore for the quarter ended September 30, 2015 as compared to Rs.78.8 crore for the same quarter in the previous year.

The company’s total income has increased by 6.4 per cent to Rs.9,342.1 crore for the quarter under review from Rs.8,777.7 crore for the corresponding quarter of the previous year.

Hindalco Industries Ltd is currently trading at Rs. 81.25, up by Rs. 1.45 or 1.82% from its previous closing of Rs. 79.8 on the BSE.

The scrip opened at Rs. 78.25 and has touched a high and low of Rs. 82.8 and Rs. 77.2 respectively. So far 64,63,153 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 16478.59 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 176.4 on 27-Nov-2014 and a 52 week low of Rs. 67.55 on 29-Sep-2015. Last one week high and low of the scrip stood at Rs. 84.35 and Rs. 78.1 respectively.

The promoters holding in the company stood at 36.99 % while Institutions and Non-Institutions held 39.42 % and 15.98 % respectively.

The stock is currently trading below its 200 DMA.

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