Nalco's Impressive Performance and Record High Stock Price Garner Attention in Aluminium Industry

Nov 25 2024 09:35 AM IST
share
Share Via
Nalco, a leading company in the aluminium industry, has been in the spotlight for its impressive performance. Its stock price has reached a 52-week high of Rs. 263.1, indicating a strong upward trend. Despite high volatility, the stock has outperformed the sector and gained 17.79% in the last 5 days. With a remarkable 1-year performance of 183.14%, Nalco is a strong player in the industry, thanks to its efficient management and strategic decisions.

National Aluminium Company (Nalco) has been making headlines in the aluminium industry with its impressive performance. The company's stock price has recently touched a 52-week high of Rs. 263.1, indicating a strong upward trend. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

Nalco is a largecap company in the aluminium and aluminium products industry, and its stock has been a part of MOJO Stocks on MarketsMOJO since November 22, 2024. The company's stock has been performing exceptionally well, outperforming the sector by 0.5% and gaining 17.79% in the last 5 days alone.

Today, Nalco's stock has shown high volatility with an intraday volatility of 89.62%, calculated from the weighted average price. However, this has not affected the stock's overall performance, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex's performance of 21.84%, Nalco has shown a remarkable 1-year performance of 183.14%. This further solidifies the company's position as a strong player in the aluminium industry.

Nalco's success can be attributed to its efficient management and strategic decisions, which have led to its consistent growth and profitability. With its strong performance and positive outlook, Nalco is definitely a stock to watch out for in the aluminium industry.
{{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