National Aluminium Faces Decline Amid Broader Market Volatility and Bearish Trends

National Aluminium Company has experienced a decline of 3.16% on May 8, 2025, underperforming the broader aluminium and aluminium products sector, which fell by 2.62%. The stock reached an intraday low of Rs 153.9, reflecting a drop of 2.75% during the trading session. Currently, National Aluminium is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term.
In the context of the overall market, the Sensex opened positively but reversed sharply, dropping 867.52 points to trade at 80,044.82, a decrease of 0.87%. While National Aluminium's performance over the past month shows a gain of 4.54%, it has underperformed over longer periods, with a year-to-date decline of 27.63% compared to the Sensex's increase of 2.44%. Despite the recent downturn, the company maintains a high dividend yield of 6.32%, which may appeal to income-focused investors.