- By Aditya Pratap Singh
- Thu, 14 Nov 2024 02:42 PM (IST)
- Source:JND
NALCO Share Price: The shares of National Aluminium Company Limited (NALCO) climbed more than 5 per cent to touch the Rs 230.75 level during intraday trade on Thursday on BSE. This sharp rise in the company's shares has come after the fantastic performance in the July-September quarter. NALCO, which is a Navratna company, has also declared an interim dividend for its investors.
NALCO's quarterly profit increased by 415%
NALCO's profit has increased by 415 per cent in the second quarter of 2024. The company made a profit of Rs 1062 crore in the July-September quarter of the current financial year, it had a profit of Rs 206 crore in the September quarter of the last financial year. NALCO's total income in the September quarter of the current financial year has increased by 32 per cent year-on-year to Rs 4001 crore. The total income of the company was Rs 3044 crore during the same period of the last financial year.
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NALCO declares interim dividend
NALCO has declared to give an interim dividend of Rs 4 per share for the financial year 2024-25 for its investors. The company has fixed the record date for the interim dividend on 29 November 2024.
NALCO Shares Surge Over 140% In A Year
Shares of Navratna company NALCO have seen an increase of more than 140 per cent in the last year. The company's shares were at Rs 93.81 on 15 November 2023. The company's shares have reached Rs 230.75 on 14 November 2024. The stock has gained more than 67 per cent so far this year. Earlier this year, on January 1, 2024, the company's shares were at Rs 136.10 and it reached Rs 230.75 on November 14, 2024. The 52-week high level of the company's shares is Rs 248. At the same time, the 52-week low level of the company's shares is Rs 90.10.