National Aluminium Company Ltd (NALCO) shares are up 4.4% in ongoing trade, moving toward Rs 328 compared to the previous close of Rs 314.60. The rally reflects investor optimism around strong fundamentals, global aluminium demand recovery, and supportive domestic infrastructure spending, reinforcing NALCO’s leadership in the metals sector.
National Aluminium Company Ltd, one of India’s largest aluminium producers, is witnessing a sharp rise in its stock price, gaining 4.4% in intraday trade. The surge comes amid renewed investor confidence in metals and commodities, supported by expectations of global demand recovery and strong domestic infrastructure push. Analysts highlight NALCO’s diversified portfolio, steady earnings, and government backing as key drivers of investor interest.
Key highlights from the announcement include
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NALCO shares are trading around Rs 327.95, up 4.4% from the previous close of Rs 314.60.
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The company’s market capitalization is moving past Rs 59,000 crore.
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Strong aluminium demand globally and stable domestic consumption are supporting earnings growth.
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NALCO continues to benefit from government initiatives promoting infrastructure and renewable energy.
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The company’s fundamentals remain solid, with a P/E ratio of 12.8 compared to the industry average of 15.2.
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Analysts note that NALCO’s focus on sustainability and expansion projects adds long-term value.
The rally underscores NALCO’s resilience and investor confidence in its growth trajectory. With strong fundamentals, global exposure, and supportive macroeconomic trends, NALCO is expected to remain a key driver in India’s metals sector and a favored stock among institutional investors.
Sources: NSE Data, Economic Times, The Hindu Business Line