National Aluminium Company fell 1.09% to Rs 49.80 at 12:05 IST on BSE after net profit declined 9.13% to Rs 233.59 crore on 2.15% fall in total income to Rs 2863.89 crore in Q4 March 2019 over Q4 March 2018.
The result was announced after market hours yesterday, 30 May 2019.Meanwhile, the S&P BSE Sensex was down 89.50 points, or 0.22% to 39,742.47
On the BSE, 8.12 lakh shares were traded in the counter so far compared with average daily volumes of 8 lakh shares in the past two weeks. The stock had hit a high of Rs 51.05 and a low of Rs 49.70 so far during the day.
National Aluminium Company (Nalco)'s board of directors has recommended final dividend of Rs 1.25 per share for the financial year ended 31 March 2019 (FY 2019). This final dividend is in addition to interim dividend of Rs 4.50 per share already paid during March 2019.
Nalco has integrated and diversified operations in mining, metal and power. The Government of India held 52% stake in Nalco as per the shareholding pattern as on 31 March 2019.
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