Nalco's Impressive Performance and All-Time High Stock Price Garner Attention in Aluminium Industry

Apr 05 2024 01:05 PM IST
share
Share Via
Nalco, a leading player in the aluminium industry, has been making waves with its impressive performance. Its stock price reached an all-time high on April 5th, with a 'Buy' call from MarketsMojo. Nalco has outperformed the sector and Sensex, showcasing its strong fundamentals and potential for future growth.

National Aluminium Company (Nalco) has been making headlines in the aluminium industry with its impressive performance. On April 5th, the company's stock price reached an all-time high, showcasing its strong growth and potential in the market.

According to MarketsMOJO, a leading stock market analysis platform, Nalco's stock is a 'Buy' call, indicating positive sentiment and potential for further growth. The stock is currently trading close to its 52-week high of Rs 180.25, with a 0.9% difference. In today's trading, Nalco has outperformed the sector by 2.78%, further solidifying its position in the market.

Nalco's stock has been on a winning streak for the past 6 days, with a consecutive gain of 17.77%. This impressive performance is a testament to the company's strong fundamentals and efficient management. The stock also touched an intraday low of Rs 171.2, showcasing its resilience and ability to bounce back.

In terms of moving averages, Nalco is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend and strong support for the stock in the market.

When compared to the Sensex's performance of 24.22%, Nalco has outperformed with a remarkable 127.13% growth in the past year. This further highlights the company's strong performance and potential for future growth.

Nalco is a leading player in the aluminium industry, with a largecap size. Its consistent growth and impressive performance make it a promising investment opportunity for investors. With its stock reaching an all-time high and a 'Buy' call from MarketsMOJO, Nalco is definitely a company to watch out for in the aluminium sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News