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National Aluminium Company Limited (NATIONALUM) moves down 5% intraday

National Aluminium Company Limited (NATIONALUM) stock moves down 5% intraday to ₹361.9, showing a breakdown in trendline status. Basic Materials sector update.

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National Aluminium Company Limited NATIONALUM moves down 5%

National Aluminium Company Limited (NATIONALUM) fell -5% to ₹361.9 on the NSE on 16 Jun 2026. The stock has bounced from support after testing its 6-month support trendline, which currently stands at ₹364.56. NATIONALUM is a key player in the aluminum sector within the Basic Materials industry, and today’s move appears to be more company-specific rather than a sector-wide trend.

Technical setup — trendlines & DMA

The current 6-month support trendline for NATIONALUM is at ₹364.56, with the stock trading slightly below this level by 0.74%. Resistance is seen at ₹428.5, which is 18.40% above the current price. The 50-day moving average (DMA) is at ₹412.7, indicating that the stock is in recovery mode as it is above the 200-DMA of ₹328.8 but still below the 50-DMA. NATIONALUM is currently trading in the upper third of its 52-week range, suggesting that a significant portion of its potential upside may already be priced in.

6M Trendline — Intraday Snapshot
BOUNCE FROM SUPPORT₹380₹400₹420₹44020 Apr8 May28 May16 Jun

Snapshot: ₹361.90 on 2026-06-16 (chart frozen at publication)

Fundamentals & business context

With a PE ratio of 11.4 and profit margins at 32.5%, NATIONALUM appears to be reasonably valued given its revenue CAGR of 15.0% over the past five years. The stock’s valuation seems to reflect a balance between current earnings and future growth expectations. Institutional ownership stands at 22.0%, indicating a moderate level of confidence from smart money. There was no NSE catalyst today, and the move is primarily technical.

NATIONALUM
Holdings Analysis
Key strengths & risk signals
67
Overall
82
Fundamental
53
Technical
Risks (3)
WEAK POSITION! Current price (324.2) is below both moving averages.
BEARISH TREND! 50-day average (363.2) is below 200-day average (376.1) - negative signal.
WEAK MOMENTUM! Limited price growth - 2.6% (1 week), -8.9% (1 month), -4.6% (3 months).
Strengths (4)
EXCELLENT EFFICIENCY! 34.9% profit margin - company keeps strong profits.
GOOD YEAR! Stock gained 40.4% in the last year.
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
NEUTRAL! RSI at 40.2 - balanced momentum.

Algorithmic scorecard

The overall algorithmic scorecard for NATIONALUM reflects a balanced view, with strong fundamental signals offsetting weaker technical indicators. Two of the strongest fundamental signals are the excellent profit margin of 32.5% and the undervalued PEG ratio of 0.33, suggesting the stock is cheap relative to its growth. On the technical side, the bullish trend indicated by the 50-DMA being above the 200-DMA is a positive sign. However, the bearish sentiment over the last 30 days, with a higher average volume on down days, and the weak momentum with limited price growth over various timeframes, represent potential risks.

Fundamental & Technical AnalysisNSE: NATIONALUM
67Overall
82Fundamental
53Technical
Growth Quality23 / 30
Revenue CAGR: 7.8% (MODERATE, 8/15). Profit CAGR: 59.3% (EXCELLENT, 15/15).
Profit Margin10 / 10
EXCELLENT EFFICIENCY! 34.9% profit margin - company keeps strong profits.
PEG Valuation10 / 10
UNDERVALUED! PEG of 0.15 indicates stock is cheap relative to growth.
Dividend Yield5 / 10
LOW DIVIDEND! 1.26% yield - minimal income contribution.
Debt / Equity10 / 10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding16 / 20
LESS PUBLIC HOLDING! 18.4% public ownership - good institutional/promoter control.
Stability8 / 10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Moving Averages3 / 10
BEARISH TREND! 50-day average (363.2) is below 200-day average (376.1) - negative signal.
Price Position2 / 10
WEAK POSITION! Current price (324.2) is below both moving averages.
Trend Pattern10 / 20
TESTING SUPPORT! Stock is at key support level.
52W Performance10 / 10
GOOD YEAR! Stock gained 40.4% in the last year.
Volume Sentiment15 / 30
BEARISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 4,765,468 vs down days: 5,002,479. Ratio: 0.95x
RSI3 / 5
NEUTRAL! RSI at 40.2 - balanced momentum.
52W Range3 / 5
MID RANGE! Trading at 45.6% of 52W range - neutral zone.
Momentum2 / 5
WEAK MOMENTUM! Limited price growth - 2.6% (1 week), -8.9% (1 month), -4.6% (3 months).
Beta / Volatility5 / 5
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.

Company outlook

Management expects alumina prices to hover around $300 to $310 and aluminium prices to average around Rs.3,000 to Rs.3,100 once the war situation normalizes. They anticipate incremental volumes from the 5th stream refinery to contribute to production from the last quarter of the financial year and plan to commission the 5th stream refinery starting in June with an optimistic target of 2 lakh tons additional production.

Get all details on NATIONALUM — P&L, peers, shareholding and more on TradeAlone.

Aluminum

National Aluminium Company Limited (nationalum) Announces Record Dividend Payment for FY 2025-26

National Aluminium Company Limited (NATIONALUM) pays ₹1,083.06 crore dividend to Government of India for FY 2025-26, marking highest-ever payout.

Pranab Tyagi at TradeAlone

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National Aluminium Company Limited Nationalum FY 2026 Dividend

National Aluminium Company Limited (NATIONALUM) has made headlines today by announcing a record dividend payment of ₹1,083.06 crore to the Government of India for FY 2025-26. This marks the highest-ever dividend paid by the company, reflecting its robust financial performance for the year. The dividend cheque was handed over to Shri G. Kishan Reddy, Hon’ble Union Minister of Coal & Mines, Government of India, during an Investor Roadshow on Angul Aluminium Park held in Kolkata today.

Record-Breaking Dividend

The total dividend paid by NATIONALUM for FY 2025-26 amounts to ₹2,112.12 crore, which includes three interim dividends and a final dividend. This significant payout underscores the company’s commitment to returning value to its shareholders and the government. The robust performance in FY 2025-26 saw a Profit After Tax (PAT) of ₹5,815.76 crore, highlighting the company’s strong financial health and operational efficiency.

Strategic Investment Roadshow

The announcement came during an Investor Roadshow organized by NATIONALUM in association with Odisha Industrial Infrastructure Development Corporation (IDCO) at Angul Aluminium Park in Kolkata. The event aimed to showcase investment opportunities in downstream and value-added aluminium manufacturing. Shri Jagdish Arora, Director (P&T), NATIONALUM, welcomed the attendees and emphasized the investor-friendly ecosystem that supports employment generation and industrial growth.

As a result, the Angul Aluminium Park is poised to become a pivotal platform for establishing and expanding aluminium-based manufacturing operations, fostering innovation, and contributing to India’s vision of building a self-reliant and developed nation.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of National Aluminium Company Limited

National Aluminium Company Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

NATIONALUM
Basic Materials › Aluminum
APPROACHING SUPPORT
82
Fundamental
52
Technical
67
Overall

1W +2.64%
1M -8.92%
3M -4.6%
P/E: 8.8 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

National posts a 2.8% three-month gain, but softens in the last few weeks. The PEG of 0.16 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 34.9% reflect exceptional pricing power and operational efficiency. The stock gives back 11.6% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 7.8% and profits at 59.3%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of National Aluminium Company Limited.

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Aluminum

National Aluminium Company Limited (nationalum) Signs Technology Partnership Agreement with Emirates Global Aluminium

National Aluminium Company Limited (NATIONALUM) partners with Emirates Global Aluminium for DX+ Ultra technology, boosting its expansion project at Anugola.

priyanka verma tradealone

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National Aluminium Company Limited Nationalum Q3 FY27 Partnership

National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has signed a technology partnership agreement with Emirates Global Aluminium (EGA). This agreement, signed in Dubai, aims to deploy EGA’s DX+ Ultra aluminium smelting technology for NALCO’s brownfield smelter expansion project at Anugola, Odisha. The technology partnership marks a significant milestone in NALCO’s expansion program and its goal to become a globally competitive aluminium producer.

Strategic Technology Adoption

Under the agreement, EGA will provide NALCO with the technology license, know-how, designs, and technical information required for implementing the DX+ Ultra technology. This high-amperage and efficient smelting technology is designed to support higher productivity and improved energy performance. The adoption of this technology is expected to enable NALCO to develop an efficient and competitive smelter with optimized capital and operating costs.

Expansion and Future Prospects

The proposed brownfield expansion will add approximately 0.5 million tonnes per annum (MTPA) of aluminium production capacity at Anugola. Together with NALCO’s existing capacity, the expansion will enable the company to move towards an overall aluminium production capacity of about 1 million tonnes per annum. Speaking on the occasion, Shri Brijendra Pratap Singh, CMD, NALCO, expressed confidence that the Anugola smelter expansion project will emerge as one of the most efficient aluminium smelters in India.

Environmental and Economic Impact

The partnership between NALCO and EGA marks an important milestone in NALCO’s ongoing expansion programme and its efforts to enhance technological efficiency, productivity, and sustainability in aluminium production. The expansion is expected to contribute significantly towards India’s economic growth while supporting greater environmental efficiency and the vision of a Viksit Bharat.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of National Aluminium Company Limited

National Aluminium Company Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

NATIONALUM
Basic Materials › Aluminum
APPROACHING SUPPORT
82
Fundamental
52
Technical
67
Overall

1W +2.64%
1M -8.92%
3M -4.6%
P/E: 8.8 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

National holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.17 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 34.9% reflect exceptional pricing power and operational efficiency. The stock trades at 71% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Revenue grows at 7.8% and profits at 59.3% CAGR, with D/E of 0.00. Meanwhile, the stock dips 5.5% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of National Aluminium Company Limited.

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Aluminum

National Aluminium Company Limited (nationalum) FY 2025-26: Record Performance Fuels Expansion Plans

National Aluminium Company Limited (NATIONALUM) achieves record FY 2025-26 performance, announces ambitious expansion plans.

abhinav tiwari

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National Aluminium Company Limited Nationalum FY 2025-26 Results

National Aluminium Company Limited (NALCO) (NATIONALUM) has achieved its highest-ever operational and financial performance in FY 2025-26, marking a landmark year for the company. During the 45th Annual General Meeting (AGM), Shri Brijendra Pratap Singh, CMD of NALCO, highlighted the company’s record revenue, profit before tax, and profit after tax. This operational excellence translated into record financial results, with NALCO posting its all-time highest revenue from operations. The company also paid an interim dividend of ₹10.50 per equity share, amounting to ₹1,928.46 crore, and approved a final dividend of ₹1.00 per equity share, amounting to ₹183.66 crore.

Record Financial Performance

The year 2025-26 was a testament to NALCO’s resilience, strategic foresight, and operational excellence. The company’s peak sales in major segments, including domestic alumina and aluminium metal, underscore its strong fundamentals and efficient operations. NALCO’s commitment to creating enduring value for shareholders was reaffirmed through its dividend payments.

Future Growth Plans

Looking ahead, NALCO has outlined ambitious expansion initiatives to strengthen its position in the aluminium value chain. These include the 5th Stream Expansion of the Alumina Refinery at Damanjodi, development of Pottangi Bauxite Mines, augmentation of captive coal capacity, and the proposed expansion of the Aluminium Smelter and Captive Power Plant at Angul. Shri Singh emphasized the company’s strategic initiatives in critical minerals, resource and energy security, circular economy, digital transformation, waste-to-wealth, and renewable energy to enhance operational resilience and create sustainable long-term value.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of National Aluminium Company Limited

National Aluminium Company Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

NATIONALUM
Basic Materials › Aluminum
APPROACHING SUPPORT
82
Fundamental
52
Technical
67
Overall

1W +2.64%
1M -8.92%
3M -4.6%
P/E: 8.8 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

National falls 12.2% over three months and has not found a floor yet. The PEG of 0.18 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 34.9% reflect exceptional pricing power and operational efficiency. The stock gains 9.0% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Both the business and the stock move in the right direction. Revenue grows at 7.8%, profits at 59.3%, and the PEG sits at 0.18 — below its growth rate. That combination is rare. Check Fundamentals of National Aluminium Company Limited.

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