Intraday Performance and Price Movement
On 8 Jan 2026, National Aluminium Company Ltd (stock ID 359296) recorded a day’s low of Rs 335.35, marking a decline of 4.87% from its previous close. The stock’s overall day change stood at -5.01%, reflecting a sharp intraday correction after four consecutive days of gains. This reversal interrupted a positive momentum that had seen the stock appreciate steadily over the past sessions.
The decline was more pronounced than the sector’s performance, with the Aluminium & Aluminium Products sector falling by 2.77% on the same day. National Aluminium underperformed its sector by 1.74%, signalling specific pressures on the stock beyond the broader industry trend.
Market Context and Broader Indices
The broader market environment also contributed to the stock’s weakness. The Sensex opened 183.12 points lower and was trading at 84,687.49 by mid-session, down 0.32%. Although the Sensex remains close to its 52-week high of 86,159.02, it was trading below its 50-day moving average, indicating some near-term caution among investors. The 50-day moving average itself remains above the 200-day moving average, suggesting that the longer-term trend is still intact despite short-term volatility.
National Aluminium’s one-day performance of -5.08% was significantly weaker than the Sensex’s decline of 0.33%, highlighting the stock’s relative vulnerability on the day.
Technical Indicators and Moving Averages
Despite the intraday weakness, National Aluminium continues to trade above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This positioning suggests that the stock remains in an overall uptrend despite the short-term pullback. The recent dip may represent a technical correction rather than a fundamental shift in trend.
However, the break in the four-day winning streak and the sharp intraday fall indicate immediate selling pressure, possibly triggered by profit booking or sector-specific factors impacting sentiment.
This week's revealed pick, a Large Cap from Public Banks with TARGET PRICE, is already showing movement! Get the complete analysis before it's too late.
- - Target price included
- - Early movement detected
- - Complete analysis ready
Relative Performance Over Various Timeframes
While the stock faced pressure today, its medium- and long-term performance remains robust. Over the past week, National Aluminium has gained 6.39%, contrasting with the Sensex’s decline of 0.59%. The one-month performance shows a substantial 24.64% increase, far outpacing the Sensex’s 0.49% fall. Over three months, the stock surged 49.58%, compared to the Sensex’s modest 3.56% gain.
Longer-term returns are even more striking, with a one-year gain of 63.58% versus the Sensex’s 8.36%, a three-year increase of 311.82% against the Sensex’s 41.37%, and a five-year rise of 599.27% compared to the Sensex’s 73.59%. Over a decade, National Aluminium has appreciated by 795.85%, significantly outperforming the Sensex’s 239.62% growth.
Year-to-date, the stock has gained 6.34%, while the Sensex has declined 0.63%, underscoring the stock’s strong relative strength despite today’s setback.
Sector and Industry Pressures
The Aluminium & Aluminium Products sector’s decline of 2.77% on the day reflects broader headwinds impacting the industry. National Aluminium’s sharper fall relative to the sector suggests that it is facing additional pressures, possibly linked to profit-taking or market sentiment shifts. The non-ferrous metals sector, to which the company belongs, is sensitive to global commodity price fluctuations and domestic demand factors, which may have contributed to the cautious trading.
Despite these pressures, the company’s Mojo Score remains strong at 85.0, with a Mojo Grade upgraded to Strong Buy from Buy as of 11 Nov 2025. This upgrade reflects improved fundamentals and positive assessments of the company’s prospects, even as short-term price action shows volatility.
Thinking about National Aluminium Company Ltd? Our real-time Verdict report breaks down everything – from financial health and peer comparison to technical signals and fair valuation for this mid-cap stock!
- - Real-time Verdict available
- - Financial health breakdown
- - Fair valuation calculated
Immediate Pressures and Market Sentiment
The sharp intraday decline and the break in the recent upward trend suggest that National Aluminium is currently experiencing short-term selling pressure. This may be attributed to profit booking following a strong rally over recent months, as well as a cautious stance among investors amid a broadly negative market mood.
With the Sensex trading below its 50-day moving average and the sector also under pressure, sentiment towards cyclical and commodity-linked stocks like National Aluminium has softened. The stock’s market capitalisation grade remains at 2, indicating a mid-cap status, which can be more susceptible to volatility during uncertain market phases.
Nonetheless, the stock’s position above all key moving averages indicates that the underlying trend remains positive, and the current weakness may represent a pause or consolidation rather than a reversal of the longer-term uptrend.
Summary of Key Metrics
National Aluminium Company Ltd’s day change: -5.01%
Intraday low: Rs 335.35 (-4.87%)
Sector decline: -2.77%
Sensex decline: -0.32%
Mojo Score: 85.0 (Strong Buy, upgraded from Buy on 11 Nov 2025)
Market Cap Grade: 2
Relative underperformance vs sector: -1.74%
The stock’s performance today highlights the volatility inherent in the non-ferrous metals sector and the sensitivity of National Aluminium to broader market fluctuations. While the immediate price pressure is evident, the company’s strong fundamental scores and long-term performance record provide context for the current correction.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
