HINDALCO Surges by 10%; BSE 500 Index Up 6.0%

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

  • MyStocks


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

HINDALCO Surges by 10%; BSE 500 Index Up 6.0%
Tue, 7 Apr 01:18 PM

HINDALCO share price has zoomed 10% and is presently trading at Rs 99.

Meanwhile, the BSE 500 Index is at 11,173 (up 6.0%).

Among the top Gainers in the BSE 500 Index today are HINDALCO (up 10.5%) and DR. REDDYS LAB (up 13.0%).

NMDC LTD (down 0.1%) and VINATI ORGANICS (down 0.1%) are among the top losers today.

Over the last one year, HINDALCO has moved down from Rs 216 to Rs 99, registering a loss of Rs 117 (down 54.5%).

On the other hand, the BSE 500 has moved down from 15,313 to 11,173, loss of 4,140 points (down 27.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 321.4%), ABBOTT INDIA (up 121.8%) and NAVIN FLUORINE (up 70.8%).

REVEALED: The Secret to potentially Making Rs 18,870, Rs 9,425 and Rs 7,315 in a Single Day...

What About the Benchmark Indices?

The BSE Sensex is at 29,497 (up 6.8%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 17.4%), AXIS BANK (up 16.0%) and ICICI BANK (up 10.9%). Other gainers include SUN PHARMA (up 10.3%) and HUL (up 10.3%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.

In the meantime, NSE Nifty is at 8,634 (up 6.7%). The top gainers in the NSE Nifty include INDUSIND BANK (up 17.3%), AXIS BANK (up 15.5%) and DR. REDDYS LAB (up 13.1%). Other gainers include CIPLA (up 11.3%) and ICICI BANK (up 10.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,877 to 29,497, registering a loss of 9,380 points (down 24.23%).

HINDALCO Financial Update...

HINDALCO net profit down at Rs 2 billion for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 14.3% to Rs 102.3 billion during the period as against Rs 119.4 billion in October-December 2018.

For the year ended March 2019, HINDALCO reported 23.9% increase in net profit to Rs 54.9 billion compared to net profit of Rs 44.3 billion during FY18.

Revenue of the company grew 12.7% to Rs 1,305 billion during FY19.

The current Price to earnings ratio of HINDALCO, based on rolling 12 month earnings, stands at 41.2x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "HINDALCO Surges by 10%; BSE 500 Index Up 6.0%". Click here!


Stock Market Updates

Indian Indices End Flat, GAIL and UPL Among Top Nifty Gainers (Today's Market)

Mar 8, 2021 Closing

Indian share markets continued their volatile trend during closing hours today and ended their day on a flat note.

Sensex Trades Over 200 Points Higher; Dow Futures Up by 37 Points (Today's Market)

Mar 8, 2021 12:30 pm

BSE Sensex is trading up by 214 points, while the NSE Nifty is trading up by 76 points.

Indian Share Markets Open Higher; GAIL & ONGC Surge 5% (Today's Market)

Mar 8, 2021 09:30 am

Indian share markets open higher. The BSE Sensex opened up by 363 points, while the Nifty is trading higher by 112 points.

ONGC at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Mar 8, 2021 09:40 AM

ONGC share price has hit a 52-week high. It is presently trading at Rs 121. BSE 500 Index is up by 0.7% at 20,123. Within the BSE 500, ONGC (up 5.2%) and BEML (up 13.1%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.

GRINDWELL NORTON at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Mar 8, 2021 09:38 AM

GRINDWELL NORTON share price has hit a 52-week high. It is presently trading at Rs 975. BSE 500 Index is up by 0.8% at 20,123. Within the BSE 500, GRINDWELL NORTON (up 5.5%) and BEML (up 11.8%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.

ASTRAL POLY TECHNICK at All Time High; BSE CAPITAL GOODS Index Up 1.4% (Today's Market)

Mar 8, 2021 09:36 AM

ASTRAL POLY TECHNICK share price has hit an all time high at Rs 2,332 (up 3.6%). The BSE CAPITAL GOODS Index is up by 1.4%. Among the top gainers in the BSE CAPITAL GOODS Index today are ASTRAL POLY TECHNICK (up 3.6%) and HONEYWELL AUTOMATION (up 2.5%). The top losers include KALPATARU POWER (down 0.8%).

View More Indian Share Market News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Mar 8, 2021 (Close)