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​I think L&T being a leader should be a good opportunity if somebody has a longer term perspective. If we remain very constructive on the capital goods space and we like to identify all the companies which has scaled and has potential to deliver the projects on time and some of these names qualify for that

The market value of the total sale was not declared in the regulatory filing but reports said that it could be worth around $120 million.

Hindalco Industries, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 94640.60 Crore) operating in Metals - Non Ferrous sector.

As long as these products are affordable, more and more of these sections of the population are moving to that affordable class, will want to use these appliances and if they are made more in the country they will have more larger markets for these products, that is what we are witnessing now.

The stock quoted a 52-week high price of Rs 440.1 and a 52-week low of Rs 294.75.

A total of 6,554 shares changed hands on the counter till 01:02PM (IST)

Earnings per share (EPS) indicates how much money a firm earns for each share of its stock and is a widely-used metric to estimate corporate value.

Price resuming uptrend after consolidating above recent breakout areasignaling further upsides in coming sessions.

Promoters held 46.64 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 11.7 per cent and 0.01 per cent, respectively.

We feel that the tier one players are a lot better players compared to tier two names, but they are still struggling with lower capacity utilisation. Sagar for example is still operating at about 65% kind of a capacity utilisation which is lower than what you see for the other tier one names.