National Aluminium Company Ltd Sees 11 Million Shares Traded, Ranking Among Most Active Stocks

National Aluminium Company Ltd (NATIONALUM) has emerged as one of the most active equities today, with a total traded volume of 11,005,871 shares and a total traded value of approximately Rs 244.13 crores. The stock opened at Rs 218.15 and reached an intraday high of Rs 223.23, reflecting a gain of 2.84% from the previous close of Rs 217.07.
Notably, the stock has reversed its trend after two consecutive days of decline, outperforming its sector by 0.82%. Currently, National Aluminium is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks.

However, there has been a notable decline in investor participation, with delivery volume dropping by 49.49% against the 5-day average, recorded at 24.23 lakhs on October 7. The stock also boasts a high dividend yield of 4.84% at the current price, and its liquidity remains robust, accommodating trade sizes of Rs 6.48 crores based on 2% of the 5-day average traded value.

In summary, National Aluminium Company Ltd has shown significant activity today, marked by a positive price movement and solid performance indicators, despite a decrease in investor participation.