National Aluminium Faces Increased Scrutiny Amid Continued Stock Decline and Market Challenges

National Aluminium Company has experienced a notable decline of 3.14% on April 9, 2025, closing at Rs 141.6 after reaching an intraday low of Rs 141.6, marking a drop of 3.41%. This performance is particularly significant as it underperformed the broader market, with the Sensex falling by 0.49% during the same period. Currently, National Aluminium is trading 1.69% above its 52-week low of Rs 140.
The stock has shown a consistent downward trend, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 18.77%, and its performance over the last month reflects a substantial drop of 27.38%. Year-to-date, National Aluminium has seen a decrease of 33.06%, contrasting sharply with its 3-year performance of 11.79%.

Despite the current challenges, the company maintains a high dividend yield of 6.82%. As the market continues to navigate bearish trends, National Aluminium's position within the aluminium and aluminium products industry remains under scrutiny.