Sunday, April 28, 2013

Hindalco Industries Ltd:GOOD

Sir, My self Manoj from kathmandu. Last year I purchase 500 share of Hindalco @ 140.now this share avail below 90. What your opinion of this share ? May I purchase more or exit from this share and purchase another good share as this share continuously on down trend ask by Manoj 1.Hindalco Industries Ltd is a BSE group A stock of aluminium industries. 
2. Face value of Hindalco Industries Ltd is 1 rupee per share. 
3.Year high of Hindalco Industries Ltd is 137 and Year low 86.90 , you just trapped at year high.Year high low ratio is normal. 
4. Promoters holding in Hindalco Industries Ltd is 32.06 % FII holding 24.47% both are good. 
5.Hindalco Industries Ltd is a good dividend paying stock so overall my view is positive and you may hold it for a profitable exit. 
6. I have no any share of Hindalco Industries Ltd.

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