National Aluminium Company Ltd (NALCO) gained market interest by rising 2.07 per cent in the day’s trade to finish at INR 192 (USD 2.23) on July 22, 2025. This indicates NALCO's continuing positive trend, which had clocked a monthly gain of 4.23 per cent, outstripping the BSE Metal index at a gain of 3.94 per cent and the SENSEX, which declined by 0.59 per cent in the same time period.
The BSE Metal index had also moved in a positive direction, increasing by 0.44 per cent to INR 31,599.08 (USD 366.29) today, with Vedanta Ltd up 1.1 per cent and Hindalco Industries Ltd up 0.96 per cent in a similar period as NALCO. So, while other indices in the metal sector also gained, NALCO was showing a stronger trend.
Recent trading patterns show strong investor interest
The current price movement is an extension of a sustained rally over the past two weeks. On May 12, 2025, NALCO’s stock price went up 7.12 per cent to INR 168 (USD 1.98) from its May 10 close, due to “strong market momentum with substantial buying involvement”. Although the price temporarily dipped to INR 165.35 (USD 1.92) on May 13, the price then jumped back again. By May 14, NALCO was at INR 173.48 (USD 2.08). This is a 4.92 per cent increase for the day, allowing the uptrend to continue.
The intraday volatility has not deterred investor confidence. Notably, over 39,051 shares were traded on the BSE, compared to the one-month average of 2.41 lakh shares, suggesting a measured but persistent interest.
Also read: Attention! NALCO sees a strong rebound, with a 2.1% growth in just one day
52-Week range highlights turnaround story
NALCO's performance recently gained credibility in light of the fact that only a few weeks before, on April 7, 2025, the stock reached a 52-week low of INR 140 (USD 1.62) and had lost 22.71 per cent of its value in nine straight sessions. While the stock's record high of INR 263.1 (USD 3.05), hit on November 25, 2024, is still a ways off, NALCO's recent run is indicative of strong recovery sentiment.
Short-term dips, such as the fall to INR 153.00 (USD 1.79) on May 8, were followed by quick rebounds, such as INR 157.09 (USD 1.89) on May 9, showcasing increasing support levels.
Is the uptrend a broader sector signal?
With prominent aluminium companies like Hindalco and Vedanta also gaining on the day, NALCO's solid performance may portend a case for more sector positivity. Analysts are optimistic, but cautiously so, that rising global demand, increased tariff discussions, and domestic policy support could help drive continued momentum in India's aluminium sector.
NALCO's steady growth, despite market fluctuations, could signal investor confidence in aluminium, aligning with India's infrastructure push and growing clean energy demand in aluminium-intensive sectors.
Also read: NALCO’s FY2025 net profit posts triple-digit growth, breaking all previous records
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