Shares of Hindalco Industries, the world’s largest aluminium rolling and recycling company, hit a 52-week high of Rs 508.80 as they rallied 5 per cent on the BSE in Thursday’s intraday trade on the back of more than two-fold jump in trading volumes.
In the past two trading days, the stock of the Aditya Birla Group company has surged 7 per cent after the company, on Tuesday, announced a partnership with Italy-based Metra SpA in large-size aluminium extrusion and fabrication technology to build high-speed aluminium rail coaches in India.
