Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Hindalco Industries zooms on reporting over four fold jump in Q1 net profit

12-Aug2016

Hindalco Industries zooms on reporting over four fold jump in Q1 net profit

Hindalco Industries is currently trading at Rs 147.10, up by 4.85 points or 3.41% from its previous closing of Rs 142.25 on the BSE.

The scrip opened at Rs. 143.70 and has touched a high and low of Rs. 148.90 and Rs. 143.00 respectively. So far 2186864 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 151.90 on 08-Aug-2016 and a 52 week low of Rs. 58.85 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 151.90 and Rs. 138.50 respectively. The current market cap of the company is Rs. 30283.34 crore.

The promoters holding in the company stood at 37.69%, while Institutions and Non-Institutions held 39.97% and 15.42% respectively.

Hindalco Industries has reported over four fold jump in its net profit at Rs 294.07 crore for the quarter ended June 30, 2016 as compared to Rs 61.10 crore for the same quarter in the previous year. The company's total income decreased by 10.97% to Rs 7716.53 crore for the quarter under review from Rs 8667.01 crore for the corresponding quarter of the previous year

Hindalco Industries is an industry leader in aluminium and copper. The company's aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.

 


Related News

View all news

TV Today Network gains on launching new current affairs and news channel

TV Today Network is currently trading at Rs. 374.95, up by 2.15 points or 0.58 % from its previous closing of Rs. 372.80 on the BSE.The scrip opened at Rs. 374.95 and has touched a high and low of Rs.......

Tata Steel surges on BSE

Tata Steel is currently trading at Rs.524.10, up by 1.05 points or 0.20% from its previous closing of Rs.523.05 on the BSE.The scrip opened at Rs. 523.90 and has touched a high and low of Rs.526.20 and......

Hindustan Aeronautics inches up on the bourses

Hindustan Aeronautics is currently trading at Rs.785.85, up by 2.20 points or 0.28% from its previous closing of Rs.783.65 on the BSE.The scrip opened at Rs.784.00 and has touched a high and low of Rs.795.00......

Top News

View all news

Infibeam Avenues' arm incorporates wholly owned subsidiary

Infibeam Avenues' wholly owned subsidiary-- Infibeam Global EMEA FZ-LLC has incorporated a wholly owned subsidiary company namely 'Richrelevants' in BVI, which will be the Step-down Wholly Owned Subsidiary......

Ramco Systems gets order from Global Top 10 Chemical Manufacturing Company

Ramco Systems' Global Payroll platform has been chosen by one of the leading chemical producer and a Global Top 10 Chemical Manufacturing company by revenue, as a Managed Service for its multi-country......

JCT planning to raise funds on preferential basis

JCT is planning for the fresh issuance of equity shares aggregating to Rs 9.16 crore on preferential basis to term lenders. The meeting of the Board of Directors of the Company will be held on December......