Hindalco Industries reports net profit of Rs 320.56 crore in Q3FY17
Hindalco Industries has reported results for third quarter ended December 31, 2016.
The company has reported a net profit of Rs 320.56 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 32.75 crore for the same quarter in the previous year. Total income of the company increased by 13.88% at Rs 10134.78 crore for the quarter under review as compared Rs 8899.37 crore for the corresponding quarter previous year.
Technical Levels for Hindalco
Support at 181.50 and Resistance 200
Break and sustain below 181.50 will take it 178---175 and then to 170 mark else could touch its resistance level of 200 again
Further upside rally will only if closes above 200.
More will update soon!!
