Hindalco standalone Q3FY16 Ebitda (earnings before interest taxes depreciation and amortisation) of R6.2 bn (down c33% y-o-y, but flat q-o-q) was ahead of our and consensus expectations. Aluminium volumes improved 36% y-o-y a
Aditya Birla Group firm Hindalco Industries today reported 88.74 per cent plunge in standalone net profit to Rs 40.46 crore for the quarter ended December 31, 2015, due to a sharp fall in metal prices.
Shares of Jindal Steel and Vedanta closed 10.44 per cent up at Rs 63.45 and 9 per cent up at Rs 73.85, respectively. SAIL settled 6.10 per cent up at Rs 40.8, followed by Hindalco Industries that gained 3.93 per cent at Rs 71
BSE Sensex cracked the 28,000-mark by tumbling 292 points in early trade today on across-the-board selling by participants, tracking more heavy losses in Shanghai and on fears about Greece's future in the Eurozone.