National Aluminium Company Limited (NALCO) saw a positive movement in its share price today. The stock rose by 4.49 points, or 2.45% at 11:55 AM on the NSE, reaching a high of ₹188.31, up from the previous close of ₹183.31.
The stock opened at ₹183.95 and recorded a low of ₹183.32. The indicative close stood at ₹186.18, reflecting an overall upward trend for the day, marking a recovery after recent declines.
State-owned National Aluminium Company Ltd (NALCO) reported a 232.83% year-on-year (YoY) surge in net profit for Q3 FY25, reaching ₹1,566.3 crore, up from ₹470.6 crore in the same quarter last year. The company’s revenue from operations rose by 39.3% to ₹4,662.2 crore compared to ₹3,347.6 crore in Q3 FY24.
At the operating level, NALCO’s EBITDA increased by 200.89%, reaching ₹2,327.6 crore in Q3 FY25, up from ₹773.8 crore in the same quarter of the previous year. The board has approved a second interim dividend of ₹4 per share (80% on face value) for FY2024-25, based on a paid-up equity capital of ₹918.32 crore.
Domestic aluminium and steel exporters saw a decline in stock prices following US President Donald Trump’s announcement on February 10, 2025.
Aluminium producers like NALCO and Vedanta Ltd saw a drop of 2%-4%, while steel companies such as Tata Steel Ltd and Steel Authority of India Ltd experienced declines of 3-5% on February 11, 2025.
On December 24, 2024, National Aluminium Company Limited (NALCO) signed the mining lease deed for the amalgamated Utkal-D and Utkal-E coal blocks with the District Collector of Angul.
This move is aimed at increasing NALCO’s coal production capacity to 4.0 million tonnes per annum (MTPA), which will significantly strengthen the fuel security for the company’s captive power plant.
The lease deed, which is valid until April 21, 2051, marks a major step in enhancing the company’s operational capacity and long-term growth prospects. The signing ceremony was attended by Shri N. S. Subrahmanyam, EPO-ED(S&P), and Shri S. S. Patra, GGM (Coal Mines).
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Published on: Feb 12, 2025, 11:58 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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