National Aluminium Company Ltd Hits New 52-Week High at Rs 395.35

Strong Momentum Drives Consecutive Gains

The stock has demonstrated remarkable resilience and strength, recording gains for five consecutive trading sessions. Over this period, NACL has delivered a total return of 9.64%, underscoring sustained buying interest and positive market sentiment. On the day it hit the new high, the stock touched an intraday peak of Rs.395.35, representing a 2.77% increase from the previous close. Despite this, it marginally underperformed its sector, Aluminium & Aluminium Products, which gained 3.24% on the same day.

Trading above all key moving averages — including the 5-day, 20-day, 50-day, 100-day, and 200-day averages — further confirms the stock’s robust technical positioning. This alignment of short- and long-term averages typically signals sustained upward momentum and investor confidence in the company’s prospects.

Sector and Market Context

Within the broader market, the Sensex rose by 0.5% to close at 82,263.25 points, recovering from a flat opening. Although the Sensex remains 4.74% below its own 52-week high of 86,159.02, the market’s positive trend was led by mega-cap stocks. Notably, the Sensex is trading below its 50-day moving average, but the 50-day average remains above the 200-day average, indicating a cautiously optimistic market environment.

In this context, NACL’s outperformance is particularly noteworthy. Over the past year, the stock has surged by 106.91%, vastly outpacing the Sensex’s 8.38% gain. This exceptional performance highlights the company’s strong fundamentals and sector leadership.

Financial Strength Underpinning the Rally

National Aluminium Company Ltd’s recent price surge is underpinned by a series of strong financial metrics and operational results. The company reported a net profit growth of 34.71% in its September 2025 quarter, marking the eighth consecutive quarter of positive results. This consistent profitability has been a key driver of investor confidence.

Operating cash flow for the year reached a record Rs.5,806.11 crores, while the latest six-month profit after tax stood at Rs.2,479.42 crores, reflecting a 51.70% increase. Net sales for the first nine months of the fiscal year totalled Rs.13,367.11 crores, up 28.08% year-on-year. These figures demonstrate the company’s ability to generate strong revenue growth alongside improving profitability.

Additionally, NACL maintains a low debt profile, with an average debt-to-equity ratio of zero, highlighting its conservative capital structure. The company’s return on capital employed (ROCE) averages 33.90%, indicating efficient utilisation of capital to generate profits. Its return on equity (ROE) stands at 30.8%, reflecting high shareholder returns despite a premium valuation.

Market Position and Valuation

With a market capitalisation of Rs.70,655 crores, National Aluminium Company Ltd is the second-largest entity in the Non - Ferrous Metals sector, accounting for 24.13% of the sector’s total market value. Its annual sales of Rs.18,029.33 crores represent 6.58% of the industry’s revenue, underscoring its significant market presence.

The stock currently trades at a price-to-book value of 3.6, reflecting a premium valuation relative to peers. This premium is supported by the company’s strong fundamentals and consistent growth trajectory. The price-earnings-to-growth (PEG) ratio stands at 0.1, indicating that earnings growth is outpacing the stock’s valuation expansion.

Institutional investors hold a substantial 32.02% stake in the company, signalling confidence from entities with extensive analytical resources. Furthermore, National Aluminium Company Ltd ranks among the top 1% of all stocks rated by MarketsMojo, with a Mojo Score of 85.0 and a current Mojo Grade of Strong Buy, upgraded from Buy on 11 Nov 2025.

Consistent Outperformance and Sector Leadership

National Aluminium Company Ltd’s stock has consistently outperformed broader market indices and sector peers. Over the last three years, the company has delivered steady returns, with the most recent 12-month period yielding a remarkable 106.91% gain. This contrasts sharply with the BSE500 index, which the stock has outperformed in each of the past three annual periods.

Within the Non - Ferrous Metals sector, NACL holds a prominent position behind only Hindalco Industries. Its market share and financial metrics place it firmly among the sector’s leaders, contributing to its strong market reputation and investor appeal.

While the stock’s valuation is on the higher side, reflecting its premium status, the company’s robust growth in profits—119.4% over the past year—supports this elevated rating. The combination of strong fundamentals, solid cash flows, and consistent earnings growth has propelled the stock to its new 52-week high.

Summary of Key Metrics

To summarise, National Aluminium Company Ltd’s recent price milestone is supported by:

• New 52-week and all-time high price of Rs.395.35


• Five consecutive days of gains, with a 9.64% return over this period


• Market capitalisation of Rs.70,655 crores, second largest in its sector


• Net sales of Rs.18,029.33 crores annually, representing 6.58% of the industry


• Operating cash flow at Rs.5,806.11 crores, highest recorded


• Net profit growth of 34.71% in the latest quarter and 51.70% over six months


• Strong return on capital employed of 33.90% and return on equity of 30.8%


• Low debt-to-equity ratio averaging zero


• Mojo Score of 85.0 with a Strong Buy grade upgraded recently


• Institutional holdings at 32.02%, reflecting confidence from major investors

These factors collectively underpin the stock’s strong performance and its recent milestone of reaching a new 52-week high.

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