Nalco's Stock Gains 3.57% and Receives 'Buy' Rating from MarketsMOJO

National Aluminium Company (Nalco) has shown strong performance in the stock market, gaining 3.57% on June 14, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as a 'Buy'. The company, which operates in the aluminium industry and is classified as a largecap, has outperformed its sector by 3.11% on this day.

The stock has been on a consecutive gain streak for the last 3 days, with a rise of 5.27% in this period. This is a positive sign for investors, indicating a strong upward trend. On June 14, the stock reached an intraday high of Rs 193.15, showing a 3.57% increase from the previous day's closing price.

Nalco's performance has also been consistently higher than various moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a strong and sustained performance by the company in the stock market.

In comparison to the Sensex, Nalco has shown a 1-day performance of 3.46%, while the Sensex has only seen a 0.01% increase. Similarly, in the last month, Nalco's performance has been 1.69%, while the Sensex has seen a 5.08% increase. This further highlights the strong performance of Nalco in the stock market.

Overall, National Aluminium Company has shown positive and consistent growth in the stock market, making it a promising investment option for investors. With a 'Buy' rating from MarketsMOJO and strong performance in comparison to the sector and Sensex, Nalco is a company to watch out for in the aluminium industry.