National Aluminium Company Hits New 52-Week High of Rs. 269.2

National Aluminium Company has reached a significant milestone by hitting a new 52-week high of Rs. 269.2 today. This achievement comes as the stock has shown robust performance, gaining 16.28% over the past four days and outperforming its sector by 0.3%. The company has consistently traded above its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend.
In terms of financial health, National Aluminium Company boasts a low debt-to-equity ratio and has demonstrated impressive growth in operating profit, which has increased at an annual rate of 139.15%. The company has also reported a significant rise in net sales, growing by 28.08% over the past nine months, and a remarkable 51.70% increase in profit after tax over the latest six months.

With a market capitalization of Rs. 48,818 crore, National Aluminium Company stands as the second-largest player in the non-ferrous metals sector, holding a substantial 21.19% market share. The stock's high dividend yield of 3.95% further underscores its appeal in the current market landscape.