On May 2, 2025, National Aluminium Company (NALCO) reported a gain of 3.01 per cent, a trend reversal after witnessing a decline for two consecutive days. However, the year-to-date performance of the company reflects a decline but is showing an increase in terms of the last five years.
{alcircleadd}
The company's stock had outperformed within its operating sector, showing a gain of 2.59 per cent connecting the sector's performance exceeding by 1.26 per cent. The stock price of the company reached INR 159.70 as of May 2, 2025 3:30 IST (USD 1.89), reflecting about a 2.66 per cent increase.
Concerning the monthly averages, National Aluminium Company is representing an upward graph above its 50-day and 20-day moving averages. Nonetheless, the monthly averages are deemed to be lower than the 50-day, 100-day and 200-day moving averages.
Altogether, the company's stock performance concerning different time frames is reckoned to be assorted. This is partly because the Year-to-date shows a decline of 24.20 per cent whereas the Sensex gained by 3.62 per cent.
Despite this, in the long run, the stock is appreciated significantly and shall show a 5-year performance of 403.92 per cent which shall surpass Sensex's increase of 140.13 per cent.
Responses
