13 SEPTEMBER 2011worldal
National Aluminium Company Limited shares fall over 11% on output cut
Edited by : AL CIRCLE
1 min read
Shares in India's state-run National Aluminium Co Ltd (NALCO) fell over 11 per cent in early trades after a senior company official said on Saturday that the company had to cut it's daily aluminium output by about 6 per cent due to insufficient power supply.
At 9.41 a.m., shares were at 62.55 rupees, down 4.65 per cent in a weak Mumbai market, which was 1.8 per cent lower.
At 9.41 a.m., shares were at 62.55 rupees, down 4.65 per cent in a weak Mumbai market, which was 1.8 per cent lower.
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