Hindalco Industries Ltd up for fifth session

Hindalco Industries Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 680.45, up 1.16% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 25402.2. The Sensex is at 83287.99, up 0.64%. Hindalco Industries Ltd has risen around 3.18% in last one month.

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has risen around 1.17% in last one month and is currently quoting at 9329.2, up 0.8% on the day. The volume in the stock stood at 33.44 lakh shares today, compared to the daily average of 49.51 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 681, up 1.27% on the day. Hindalco Industries Ltd is down 0.7% in last one year as compared to a 5.65% spurt in NIFTY and a 3.72% spurt in the Nifty Metal index.

The PE of the stock is 23.66 based on TTM earnings ending March 25.

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