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Why Hindalco Shares Are Down 6% Today

Why Hindalco Shares Are Down 6% Today
Hindalco shares fell over 6 per cent to hit an intraday low of Rs 72.75 on Tuesday. The stock underperformed the metals sub-index on the Bombay Stock Exchange, which closed nearly 4.2 per cent lower. Hindalco owned by the Aditya Birla group is likely to face an investigation for allegedly paying money to secure environmental clearance, sources told NDTV. (Click here for full report) Sources say the CBI has, in a report to the Supre...
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