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Shares of HIL Soars 1.17%

The company reported a 71% year-on-year increase in its consolidated net profit at Rs 2,331 crore.

Hindalco Industries Ltd (HIL) has added 10.26 per cent over October compared to a 6.94 per cent gain in the S&P BSE Metal index and a 2.96 per cent rise in the SENSEX.

On Wednesday, Hindalco Industries Ltd gained 1.17 per cent to trade at Rs 436.2. The S&P BSE Metal index is up 0.55 per cent. The index is up 6.94 per cent over October. Some other stocks are National Aluminium Company Ltd increased by 0.95 per cent, and APL Apollo Tubes Ltd added 0.85 per cent. The S&P BSE Metal index, went up 0.74 per cent in 2021 compared to the 5.01 per cent surge in benchmark SENSEX.

HIL has added 10.26 per cent over October compared to a 6.94 per cent gain in the S&P BSE Metal index and a 2.96 per cent in the SENSEX. On the Bombay Stock Exchange (BSE), 5923 shares were traded as compared with daily average volumes of 4.39 lakh shares in October. 

On 29 March 2022, the stock hit a record high of Rs 636, whereas on 20 June 2022, the stock hit a 52-week low of Rs 309.

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