Hindalco Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 535.2, up 2.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.11% on the day, quoting at 20973.4. The Sensex is at 69806.68, down 0.17%. Hindalco Industries Ltd has risen around 9.78% in last one month.
Meanwhile, Nifty Metal index of which Hindalco Industries Ltd is a constituent, has risen around 11.63% in last one month and is currently quoting at 7439.7, up 0.74% on the day. The volume in the stock stood at 63 lakh shares today, compared to the daily average of 56.61 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 537.6, up 2.48% on the day. Hindalco Industries Ltd is up 16.83% in last one year as compared to a 12.71% spurt in NIFTY and a 11.5% spurt in the Nifty Metal index.
The PE of the stock is 42.55 based on TTM earnings ending September 23.