Hindalco Inds falls on disappointing Q3 numbers

08th February 2013 04:18 PM

Hindalco Industries, the Aditya Birla Group flagship company, fell on Friday after it posted a fall of 3.81% in net profit to Rs 4.34 billion for the quarter ended Dec. 31, 2012. Analysts on an average had estimated profit of Rs 3.94 billion.

During the quarter, the operating profit margin decreased 237 bps to 5.73% from 8.10% for the same period last year.

Net sales of the company went up by 3.38% to Rs 68.72 billion for the quarter ended Dec. 31, 2012 from Rs 66.47 billion in the year ago period. Shares ofthe companyare trading at Rs 110.25, down Rs 3.1, or 2.73% at the Bombay Stock Exchange (BSE) on Friday at 3:12 p.m.The scrip has touched an intra-day high of Rs 114.20 and low of Rs 109.55. The total volume of shares traded at the BSE is 2,023,983.In the earlier session, the shares declined 1%, or Rs 1.15, at Rs 113.35. Currently, the stock is trading down 33.14% from its 52-week high of Rs 164.90 and above 10.08% over the 52-week low of Rs 100.15.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 113.45 (0.10) (0.09) 1 Month 132.00 (18.65) (14.13) 3 Months 113.30 0.05 0.04 6 Months 122.80 (9.45) (7.70) 1 Year 158.75 (45.40) (28.60) Note: Based on previous day closing price.
A+ A A-
Post a Comment
*
1000 characters left

All comments will be reactively moderated

Disclaimer: The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. Comments are automatically posted live; however, newindianexpress.com reserves the right to take any or all comments down at any time.

Recent Activity

What's Hot?