X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
HINDALCO Plunges by 5%; BSE 500 Index Down 1.0%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

HINDALCO Plunges by 5%; BSE 500 Index Down 1.0%
Wed, 5 Dec 02:44 PM

HINDALCO share price has plunged 5% and is presently trading at Rs 230.

Meanwhile, the BSE 500 Index is at 14,422 (down 1.0%).

Among the top losers in the BSE 500 Index today are HINDALCO (down 5.1%) and ESCORTS (down 5.3%).

ARVIND LTD. (up 4.1%) and EDELWEISS FINANCIAL (up 3.4%) are among the top gainers today.

Over the last one year, HINDALCO has moved down from Rs 240 to Rs 230, registering a loss of Rs 10 (down 4.0%)..

The BSE 500 has moved up from 14,336 to 14,422, registering a gain of 86 points (up 0.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 149.3%), V-MART RETAIL (up 96.8%) and NIIT TECHNOLOGIES (up 79.6%).

What About the Benchmark Indices?

The BSE Sensex is at 36,049 (down 0.8%). The top gainers among the BSE Sensex stocks today are HUL (up 1.4%). The most traded stocks in the BSE Sensex are ADANI PORTS & SEZ and HDFC BANK.

In the meantime, NSE Nifty is at 10,821 (down 0.8%). HUL (up 1.6%) and HCL TECH. (up 1.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,870 to 36,049, registering a gain of 3,179 points (up 9.1%).

HINDALCO Financial Update...

HINDALCO net profit down at Rs 3 billion for the quarter ended September 2018, compared to a loss of Rs 4 billion a year ago. Net Sales declined 1.7% to Rs 108.3 billion during the period as against Rs 110.2 billion in July-September 2017.

For the year ended March 2018, HINDALCO reported 131.5% increase in net profit to Rs 44.3 billion compared to net profit of Rs 19.2 billion during FY17.

Revenue of the company grew 12.8% to Rs 1,158 billion during FY18.

The current Price to earnings ratio of HINDALCO, based on rolling 12 month earnings, stands at 33.7x.

Equitymaster requests your view! Post a comment on "HINDALCO Plunges by 5%; BSE 500 Index Down 1.0%". Click here!

  

Stock Market Updates

Rising Crude Oil Prices, Yes Bank's QIP, and Top Stocks in Action Today (Today's Market)

Aug 19, 2019 Pre-Open

On Friday, Indian share markets traded on a volatile note throughout the day and ended their trading session marginally higher.

View More Indian Share Market News

Most Popular

My Top 3 Dividend Millionaire Stocks(Profit Hunter)

Aug 7, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

The Perfect Stock in the Rebirth of India(The 5 Minute Wrapup)

Aug 8, 2019

This debt-free, well-managed company is all set to soar.

This 60-Year Old Smallcap Company Could Be Our Next Recommendation(The 5 Minute Wrapup)

Aug 12, 2019

My experience at the recent AGM of this smallcap company which has financials of any FMCG major.

Super investor Pulak Prasad is Buying Stocks Big Time...and You Should Too(The 5 Minute Wrapup)

Aug 9, 2019

Here's why the relentless correction in the Indian stock markets has not unnerved the big investors.

Qatar is Rearing Cows...this is Good News for India

Aug 9, 2019

Qatar has turned around after the Saudi embargo. This is good news for India.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Aug 16, 2019 (Close)

MARKET STATS