The stock opened at Rs 308.1 and touched an intraday high and low of Rs 325.35 and Rs 308.1, respectively, in the session so far. Shares of the company of Hindalco Industries Ltd. quoted a 52-week high of Rs 325.35 and a 52-week low of Rs 85.05.
Total market cap of the Hindalco Industries Ltd. stood at Rs 72362.44 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 35281.0 crore for the quarter ended 31-Dec-2020, up 11.9 per cent from previous quarter’s Rs 31528.0 crore and up 19.62 per cent from the year-ago quarter’s Rs 29494.0 crore.
The net profit for latest quarter stood at Rs 1877.0 crore, up 76.91 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2020, DIIs held 12.45 per cent stake in the firm, while foreign institutional investors held 22.79 per cent and the promoters 34.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 32.54 and a price-to-book ratio of 0.36. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Hindalco Industries Ltd. belongs to the Aluminium industry.
