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HIL Drops 1.99%, S&P BSE Metal Index Sheds 1.16%

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Over November, Hindalco Industries Ltd (HIL) added 2.8% compared to a 2.95% gain in S&P BSE Metal index and 0.46% slips in the Sensex. HIL went down 1.99% on December 20 to trade at Rs 451.1. The S&P BSE Metal index is down 1.16%.

The index is up 2.95 % over November 22. Other stocks are Steel Authority of India Ltd, which slipped by 1.39%, and Tata Steel Ltd decreased by 1.39%. The S&P BSE Metal index went up 10.42 % in 2021 compared to the 9.95% surge in benchmark Sensex.

HIL has added 2.8% over November compared to a 2.95% gain in S&P BSE Metal index and a 0.46% drop in the Sensex. Total 50,111 shares were traded compared to daily average volumes of 3.39 lakh in November. 

In March, the stock hit a record high of Rs 636. In June, the stock hit a 52-week low of Rs 309.

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