Shares of National Aluminium Company Ltd. (NALCO) surged over 4% in early trading on October 11, 2024. The stock opened at ₹215.60 and reached an intraday high of ₹221.29. The significant price jump resulted in a substantial gain in market capitalization.
NALCO’s market cap, which was previously ₹40,624.46 crore, rose by approximately ₹1,625 crore, driven by the 4.03% rise in the stock price. The company’s positive performance is a continuation of its robust financial health and strong market demand.
As of 10:09 AM, the shares were trading at ₹221.29, reflecting an increase of ₹8.57 from the previous close. This price movement positions NALCO well as one of the key gainers in the aluminium sector.
With a 52-week high of ₹227.39 recently achieved, NALCO continues to be a stock to watch in the market.
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