New Delhi, Jan. 6 -- National Aluminium Company Ltd (NALCO) share price jumped over 4.25% to Rs.344.85 apiece, hit a 52-week high, on NSE, on Tuesday, January 5, after global aluminium prices rallied to a new record level, surged past $3,000-per-tonne at LME.

Aluminium prices rally has been fueled by constrained supply, with limits on smelting capacity in China and output curbs in Europe stemming from high power costs, tightening global inventories. Meanwhile, demand remains resilient, underpinned by steady consumption from the construction and renewable energy sectors, according to a Bloomberg report.

The PSU company reported a net profit of Rs.1,430 crore on November 7, marking a 37% year-on-year increase, aided by firm aluminium pric...