NALCO Q2: Net Profit Jumps 28% YoY To Rs1,835 Cr On Robust Revenue Growth; Board Declares Rs4.50 Interim Dividend
India, Nov. 3 -- The state-owned aluminium producer has wrapped up its strongest six months since it began operations. Profit, income and operating earnings all rose sharply, though a few raw material numbers slipped. Here is what the quarter showed, where the pressure points sit, and what shareholders can take from it.
The Nifty 50 traded at 23,630, up 0.82%, while the Sensex rose by 0.95% to 76,422 on Tuesday. Following this the Shares ofNational Aluminium Company Ltd are trading at Rs. 319.95, down 2.45 percent on Tuesday. The stock touched the intraday high of Rs. 329.80 after opening at Rs. 328.90 before slipping to a low of Rs. 319.05. The company commands a market capitalization of Rs. 58,763.03 crore.
Record Numbers for the Apr...
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