India’s leading integrated aluminium producer, National Aluminium Company Ltd (NALCO), recorded 11,005,871 shares on October 8, with a total turnover of approximately INR 244.13 million (USD 27.5 million). The stock opened at INR 218.15 (USD 2.456) and climbed to an intraday high of INR 223.23 (2.514), marking a gain of 2.84 per cent over yesterday’s close of INR 217.07 (2.444).
After two consecutive down sessions, the stock has reversed trend and outperformed its sector by 0.82 per cent. In technical terms, it is now trading above its 5-, 20-, 50-, 100- and 200-day moving averages, underlining a strong relative performance.
However, investor participation appears muted: delivery volume dropped by 49.49 per cent versus the 5-day average, clocked at 2.423 million on 7 October. The stock boasts a high dividend yield of 4.84 per cent at current levels and retains strong liquidity; trade sizes up to INR 64.8 million (USD 0.729 million) (2 per cent of the 5-day average) are comfortably handled. Despite slack in participatory interest, renewed momentum in price and volume has pushed NALCO back onto the list of top active stocks.
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Earlier momentum: NALCO’s surge in September 2025
On 2 September 2025, National Aluminium Company (NALCO) saw its stock price rally 3.03 per cent, closing at INR 197.60 (USD 2.23), driven by unusually high trading volume and strong fundamentals. The session also recorded a sharp jump in open interest, up from 24,219 to 27,184 contracts, an increase of 2,965 contracts (12.24 per cent), and 32,798 contracts traded in total.
At that time, NALCO’s quarterly performance confirmed the bullish case: consolidated revenue rose to INR 38,069.4 million (USD 432.8 million) (versus INR 28,561 million YoY (USD 324.7 million)), and net profit surged to INR 10,638.6 million, i.e., USD 120 million versus INR 6,012.2 million (USD 67.8 million) a year earlier. For the full fiscal year FY25, consolidated revenue reached INR 16,786.3 million (USD 1,892.8 million), while net profit more than doubled to INR 53,246.7 million (USD 600.3 million). Earnings per share improved from INR 10.83 (USD 0.122) (FY24) to INR 28.68 (USD 0.323) (FY25).
This strong financial trajectory lends deeper context to today’s renewed interest. NALCO is not just riding momentum; its core operations and earnings growth continue to inspire investors, underscoring the fact that its current uptrend is not just a trading sentiment but rooted in fundamentals.
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