Aluminum
National Aluminium Company Limited (NATIONALUM) falls 5% intraday
National Aluminium Company Limited (NATIONALUM) stock price drops 5% intraday to ₹378.15, signaling a breakdown in trendline status within the Basic Material.
National Aluminium Company Limited (NATIONALUM) fell -5% to ₹378.15 on the NSE on 14 Aug 2026. This decline comes as the stock’s trendline status shifted from a bounce from support to hitting resistance, specifically at ₹375. National Aluminium Company Limited operates in the aluminum sector within basic materials, and today’s move appears to be company-specific rather than a sector-wide phenomenon.
Technical setup — trendlines & DMA
Currently, the 6-month support trendline stands at ₹339.44, which is 10.24% below today’s price. The resistance trendline is at ₹374.73, just 0.90% below today’s price, indicating the stock is close to a critical resistance level. The 50-DMA at ₹361.2 is above the 200-DMA at ₹357.0, signaling a bullish trend. However, the stock is 10.88% above the 50-DMA and 12.18% above the 200-DMA, suggesting it is somewhat extended. Additionally, the stock is in the upper third of its 52-week range, 74% up from the 52-week low and -15.0% from the 52-week high, implying that a significant portion of the move may already be priced in.
Snapshot: ₹378.15 on 2026-08-14 (chart frozen at publication)
Fundamentals & business context
With a PE of 10.1 and profit margins at 34.9%, National Aluminium Company Limited appears to be undervalued relative to its earnings quality. The revenue CAGR of 7.8% and profit CAGR of 59.3% indicate solid growth, though the PE ratio suggests the market may not be fully pricing in this growth. Institutional ownership stands at 21.3%, which is moderate, indicating that while smart money is interested, it is not overwhelmingly bullish. There was no specific NSE catalyst today, so the move likely reflects broader market sentiment and technical factors.
Algorithmic scorecard
The overall scorecard reflects a technically strong but fundamentally balanced position. Two of the strongest signals are the excellent efficiency, with a 34.9% profit margin, and the undervalued status, with a PEG of 0.17. These indicate that the company maintains strong profitability and is cheap relative to its growth. On the weaker side, the negligible dividend yield of 0.95% offers little income for investors, and the mixed momentum in price growth—5.1% (1 week), 9.8% (1 month), -0.8% (3 months)—suggests inconsistent performance, which could pose risks for those looking for steady gains.
Company outlook
Management has outlined several key targets and initiatives for the coming years. They aim for a targeted alumina sales volume of 16 lakh tons for FY27 and expect capex to increase from INR 1,500 crores in FY27 to INR 2,500 crores in FY28. LME aluminum prices are expected to remain between $3,000 to $3,200 for the remainder of the year, with alumina realization expected to be around $360-$370 in Q2. The company plans to expand smelter capacity by 0.5 million tons and set up a 1,000-megawatt power plant by December 2030. Additionally, a joint venture with Neyveli Lignite for a power plant aims to reduce capex and secure coal supply, while the expansion of captive coal mines to 4.8 million tons by FY27 is expected to support these initiatives.
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.
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 Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.
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.
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.
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 Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.
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.
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.
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 Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.
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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