National Aluminium Company Sees High Trading Volume Amid Reduced Investor Participation
National Aluminium Company Ltd has become one of the most actively traded stocks today, with over 35 million shares exchanged. The stock opened at Rs 190.00, showing notable gains and outperforming its sector. However, investor participation has declined, with delivery volume down significantly compared to recent averages.
National Aluminium Company Ltd, a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active equities by volume today. The stock, trading under the symbol NATIONALUM, recorded a total traded volume of 35,501,532 shares, with a total traded value of approximately Rs 66.28 crore. Opening at Rs 190.00, the stock experienced a notable gain of 4.54% at the start of the trading session and reached an intraday high of Rs 192.00, reflecting a 5.64% increase. Currently, the last traded price stands at Rs 186.57, marking a 2.61% return for the day, significantly outperforming its sector, which saw a decline of 1.09%.
Despite the positive performance, there has been a decline in investor participation, with delivery volume dropping by 44.86% compared to the five-day average. The stock's liquidity remains robust, allowing for trade sizes of up to Rs 1.97 crore. Additionally, National Aluminium Company boasts a high dividend yield of 5.51% at the current price.
In summary, National Aluminium Company Ltd has shown strong performance metrics today, with significant trading activity and a favorable return compared to its sector, while also highlighting a decrease in investor participation.
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