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Hindalco completes financial closure of Mahan project

Hindalco has completed financial closure of Mahan project, reports CNBC-TV18. It touched an intraday high of Rs 210.20 and an intraday low of Rs 207.05. At 13:09 hrs the share was quoting at Rs 207.70, down Rs 0.20, or 0.10% on the NSE.

March 30, 2011 / 13:31 IST

Hindalco touched an intraday high of Rs 210.20 and an intraday low of Rs 207.05. At 13:09 hrs the share was quoting at Rs 207.70, down Rs 0.20, or 0.10% on the NSE.

The company has completed financial closure of Mahan project. It raised Rs 7,875 crore from 4 arrangers & 31 banks. The arrangers include RBS, SBI Caps, Citi and Kotak. Hindalco book has subscribed over 2 times; SBI was the largest participant. The company's debt raised at 10.25% for 12.5 year including 3 year moratorium, reports CNBC-TV18.
 
It was trading with volumes of 3,330,148 shares. In the previous trading session, the share closed up 1.07% or Rs 2.20 at Rs 207.90.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days206.65207.701.050.51
5-Days196.35207.7011.355.78
7-Days191.85207.7015.858.26
15-Days209.10207.70-1.40-0.67
1-Month201.35207.706.353.15
3-Month241.55207.70-33.85-14.01
6-Month191.55207.7016.158.43
9-Month144.20207.7063.5044.04
1-Year184.25207.7023.4512.73

first published: Mar 30, 2011 01:29 pm

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