Hindalco Industries Ltd up for third straight session

Hindalco Industries Ltd is up for a third straight session today. The stock is quoting at Rs 807.55, up 1.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 25952.55. The Sensex is at 84734.14, up 0.32%. Hindalco Industries Ltd has gained around 6.24% in last one month.

Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has gained around 4.74% in last one month and is currently quoting at 10542.55, up 0.51% on the day. The volume in the stock stood at 29.46 lakh shares today, compared to the daily average of 75.52 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 812.55, up 1.8% on the day. Hindalco Industries Ltd is up 28.72% in last one year as compared to a 10.28% jump in NIFTY and a 20.02% jump in the Nifty Metal index.

The PE of the stock is 24.95 based on TTM earnings ending September 25.

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