National Aluminium Company Hits Day High with 7.38% Surge in Stock Price

National Aluminium Company has shown significant activity today, gaining 7.38% and reaching an intraday high of Rs 251.8. This marks a notable performance, as the stock has outperformed its sector by 6.63%. The stock opened with a gain of 2.41% and has been on a positive trajectory for the last two days, accumulating a total return of 9.17% during this period. Currently, National Aluminium Company is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position. The stock is also close to its 52-week high, just 4.49% away from Rs 263.1. With a high dividend yield of 4.48%, the company continues to attract attention in the non-ferrous metals industry. In the broader market context, the Sensex is trading positively, up 0.14%, and mid-cap stocks are leading the market with a gain of 0.16%. National Aluminium Company’s robust performance over various time frames, including a 35.01% increase over the past three months, underscores its strong market presence.