Hindalco Industries lost 5.36% to INR 98.85 at 15:15 IST on BSE, with the stock sliding on profit booking after 3-day 11.89% rally.
Meanwhile, the S&P BSE Sensex was down 589.29 points or 3.18% at 17,968.84.
On BSE, 14.98 lakh shares were traded in the counter as against average daily volume of 9.39 lakh shares over the past one quarter.
The stock lost as much as 6.03% at the day's low of INR 98.15 so far during the day. The stock rose as much as 0.28% at the day's high of INR 104.75 so far during the day. The stock had hit a 52-week high of INR 137 on 2 January 2013. The stock had hit a 52-week low of INR 83.05 on 7 August 2013.
The stock had outperformed the market over the past one month till 26 August 2013, surging 10.65% compared with the Sensex's 6.03% fall. The scrip had also outperformed the market in past one quarter, declining 2.47% as against Sensex's 5.82% fall.
The large-cap company has equity capital of INR 191.45 crore. Face value per share is INR 1.
Shares of Hindalco Industries had rallied 11.89% in three trading sessions to settle at INR 104.45 on Monday, 26 August 2013, from a recent low of INR 93.35 on 21 August 2013.
Hindalco Industries' net profit rose 11.6% to INR 474.09 crore on 3.3% decline in net sales to INR 5766.69 crore in Q1 June 2013 over Q1 June 2012.
Hindalco Industries is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its copper smelter is the world's largest custom smelter at a single location.
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