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National Aluminium Company Ltd sees sustained losses

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National Aluminium Company Ltd is quoting at Rs 42.65, down 2.85% on the day as on 13:19 IST on the NSE. The stock tumbled 27.9% in last one year as compared to a 10.16% rally in NIFTY and a 7.94% fall in the Nifty Metal index.

National Aluminium Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 42.65, down 2.85% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.3% on the day, quoting at 12000.15. The Sensex is at 40841.94, down 0.18%.National Aluminium Company Ltd has lost around 1.27% in last one month.Meanwhile, Nifty Metal index of which National Aluminium Company Ltd is a constituent, has eased around 7.29% in last one month and is currently quoting at 2628.9, down 1.4% on the day. The volume in the stock stood at 55.38 lakh shares today, compared to the daily average of 95.77 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 42.75, down 2.4% on the day. National Aluminium Company Ltd tumbled 27.9% in last one year as compared to a 10.16% rally in NIFTY and a 7.94% fall in the Nifty Metal index.

The PE of the stock is 12.64 based on TTM earnings ending September 19.

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First Published: Jan 31 2020 | 1:35 PM IST

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