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Hindalco Industries Ltd soars 1.53%, Gains for third straight session
(28 Nov 2023, 13:05)

Hindalco Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 515.55, up 1.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 19832.6. The Sensex is at 65976.74, up 0.01%. Hindalco Industries Ltd has added around 12.9% in last one month.

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has added around 7.95% in last one month and is currently quoting at 6874.25, up 1.57% on the day. The volume in the stock stood at 47.2 lakh shares today, compared to the daily average of 51.34 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 516.15, up 1.47% on the day. Hindalco Industries Ltd is up 18.26% in last one year as compared to a 6.52% gain in NIFTY and a 8.29% gain in the Nifty Metal index.

The PE of the stock is 41.37 based on TTM earnings ending September 23.

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