India, Nov. 6 -- Metal stock falls 7% as it sees up to $650 Mil impact from New York plant fire incident

During Thursday's trading session, shares of the metals flagship company of the Aditya Birla Group and the world's second-largest Copper rods manufacturer (outside China) tumbled nearly 7.3 percent on BSE, after the company announced that it sees up to $650 million impact from a fire incident at its New York plant.

At 01:40 p.m., shares of Hindalco Industries Limited were trading in red at Rs. 781.8 on BSE, down by around 6 percent, compared to its previous closing price of Rs. 830.95, with a market cap of Rs. 1.75 lakh crores.

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