National Aluminum Company Ltd (NALCO) share price jumped over 4.25% to 344.85 apiece, hit a 52-week high, on NSE, on Tuesday, January 5, after global aluminum prices rallied to a new record level, surged past $3,000-per-tonne at LME.
Aluminum 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.
NALCO Q2 results 2025
The PSU company reported a net profit of 1,430 crore on November 7, marking a 37% year-on-year increase, aided by firm aluminum prices. Revenue from operations grew 7.2% to Rs 4,293 crore.
Its board also cleared the first interim dividend for FY26 at 4 per share, equivalent to 80% on the face value of 5, to be paid on the paid-up equity share capital of 918.32 crores.
The company attributed its strong Q2 FY26 performance to improved operational efficiency, cost-control initiatives, and favorable market conditions, including a rebound in global aluminum prices and steady domestic demand from the infrastructure and automotive segments.
“We have demonstrated resilience through operational excellence, cost-saving measures, and sustained productivity, supported by higher volumes and improved efficiency, despite lower sales realization from metal prices. Going forward, we remain focused on value addition, sustainability, and expanding our production capacities to ensure long-term growth and value creation for all stakeholders,” said Brijendra Pratap Singh, Chairman-cum-Managing Director, NALCO.
Brokerage firm Axis Securities said that Nalco’s timely expansion and ramp-up of the 5th stream Alumina refinery with a 1 MTPA capacity by FY27 will be crucial.
The Capex for it has already undergone a cost overrun. The company has plans of 30,000 Cr Capex for the 0.5 MTPA smelter and 1,080 MW CPP. The Capex will increase from FY28, and execution will be the key. It has guided a capital structure of a 70:30 leverage ratio for the expansion,” it said.
NALCO share price trend
NALCO shares have given healthy returns in the near-term despite volatility in the Indian stock market. The PSU stock has gained nearly 9.15% in five sessions and 29% in a month.
The PSU stock has ascended 83% in just six months and in fact has more than quadrupled investors’ money by giving multibagger returns of 620% in the last five years.
NALCO share price are listed on both BSE and NSE. The multibagger PSU stock hit a 52-week low of 140 on April 7, 2025.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
