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National Aluminium heads to biggest daily gain in 14 months

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Reuters

Reuters Market Eye - National Aluminium Co jumps as much as 9.7 pct, highest since Sept. 23, heads towards biggest single-day gain since August 2013.

September-quarter net profit rose 91 pct to 3.42 billion rupees.

Operating profit came in higher than estimates, say traders.

Company's operating profit stood at 4.74 billion rupees ($77.07 million), according to Reuters calculations.

Lower than expected fuel and employee costs help, analysts say.

(1 U.S. dollar = 61.5050 rupees)

(Reporting by Abhishek Vishnoi)

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First Published: Nov 13 2014 | 10:08 AM IST

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