Hindalco shares plunge nearly 2.5%

Reuters Updated - January 19, 2018 at 09:54 PM.

Shares of aluminium producer Hindalco today fell nearly 2.5 per cent as the company may post lower-than-expected operating profit.

The stock fell as much as 2.44 per cent.

The company will report its December quarter earnings on Tuesday.

Hindalco may report Rs 440 crore as operating profit against Rs 460 crore consensus, according to Thomson Reuters Starmine SmartEstimates.

The stock is down 52.61 per cent in the past year.

Published on February 9, 2016 06:40