ON BSE,0.653 million shares were traded in the counter as against average daily volume of 1.194 million shares in the past one quarter.
The stock hit a high of INR 139.90 and a low of INR 136.90 so far during the day.The stock had hit a record high of INR 251.90 on January 6th 2011 and 52 week low of INR 113 on November 25th 2011.
The large cap stock outperformed the market over the past one month till December 5th 2011 falling 1.98%compared with Sensex's 4.31%decline.The scrip,however,underperformed the market over the past one quarter sliding 11.09%as against Sensex's 0.55%rise.The company has equity capital of INR 191.45 crore.Face value per share is INR 1.
According to reports,Hindalco Industries may raise the funds through debt project financing bonds,local or external commercial borrowings to expand capacity at its Uttar Pradesh and Odisha plants.It is also setting up three Greenfield facilities one in Maharashtra and two in Jharkhand.
Hindalco Industries'net profit rose 15.8%to INR 502.52 crore on 7.2%growth in net sales to INR 6220.47 crore in Q2 September 2011 over Q2 September 2010.
Aditya Birla Group Hindalco Industries is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia.Its copper smelter is the world's largest custom smelter at a single location.
