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
Hindalco Industries Limited Q2 FY27: Net Income Up 29%, Revenue Hits ₹1,200 Cr
Hindalco Industries Limited reports a 29% YoY increase in net income and ₹1,200 Cr revenue for Q2 FY27.
Hindalco Industries Limited (HINDALCO) reported its second quarter fiscal year 2027 results on November 5, 2026. The company’s net income attributable to common shareholders surged 29% year-over-year to ₹1,200 crore, driven by favorable market conditions and disciplined execution.
Financial Highlights
The company’s revenue for Q2 FY27 increased 25% compared to the same period last year, reaching ₹1,200 crore. The rise in revenue was primarily due to higher aluminum prices, although total rolled product shipments dipped 2% year-over-year to 919 kilotonnes. Net income attributable to common shareholders, excluding special items, also rose 29% to ₹1,200 crore. The increase was fueled by insurance recoveries related to the 2025 Oswego fires and a 20% rise in Adjusted EBITDA to ₹1,200 crore.
Operational Updates
In September, the Bay Minette cold mill produced its first coil and is on track to begin commercial shipments in the first quarter of fiscal year 2028. The company’s net leverage ratio stood at 4.7x at the end of Q2 FY27, with total liquidity of ₹2,000 crore, consisting of ₹1,300 crore in cash and cash equivalents and ₹700 crore in committed credit facilities.
Looking Ahead
As Bay Minette transitions from construction to start-up, reduced capital spending, continued cost discipline, and solid underlying business conditions are expected to drive a return to positive free cash flow and mark the beginning of a deleveraging cycle toward the end of this fiscal year.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Hindalco Industries Limited
Hindalco Industries Limited belongs to the Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.
Hindalco moves sideways over three months, with neither buyers nor sellers taking control. Thin margins at 5.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The PEG of 1.24 sits close to fair value. The stock is neither a clear buy nor obviously expensive. The stock holds at 35% of its 52-week range with RSI at 40. In other words, neither side has a clear edge right now. Revenue grows at 7.1% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Hindalco Industries Limited.
Aluminum
National Aluminium Company Limited (nationalum) Achieves Best-ever Half Yearly Financial Results
National Aluminium Company Limited (NATIONALUM) reports record H1 FY 2026-27 results with 54% YoY net profit growth to Rs. 3,837 crore.
National Aluminium Company Limited (NALCO) (NATIONALUM) has delivered its best-ever financial performance for the first half of FY 2026–27 since its inception, achieving record levels across all key financial parameters. The company’s total income for H1 FY 2026–27 stood at Rs.11,143 crore, registering a robust growth of 33% compared to Rs.8,374 crore in the corresponding period of the previous year. Demonstrating strong operational and financial performance, EBITDA increased by 50% to Rs.5,539 crore, while PBT and PAT recorded impressive growth of 55% and 54%, reaching Rs.5,160 crore and Rs.3,837 crore, respectively compared to the corresponding period of FY 2025–26.
Key Highlights
NALCO has achieved its highest-ever aluminium cast metal production of 2.35 lakh tonnes for the first half of FY 2026–27. Additionally, the company has recorded its highest-ever cumulative domestic sale of alumina and metal sales in H1 FY 2026–27. The company has announced an interim dividend of Rs.4.50 per equity share (90% on the face value of Rs.5 each), amounting to Rs.826.48 crore for FY 2026–27.
Looking Ahead
Shri Brijendra Pratap Singh, CMD, NALCO, said that the company’s strong performance during Q2 and H1 of FY 2026-27 was driven by robust operational efficiency, strong physical performance, and favourable market conditions supported by prudent marketing strategies. NALCO remains committed to its expansion initiatives, with the 5th stream expansion of the alumina refinery at the advanced stage of commissioning and groundwork for the proposed 0.5 MTPA brownfield smelter expansion project at Anugola, Odisha, progressing steadily.
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 moves sideways over three months, with neither buyers nor sellers taking control. The PEG of 0.15 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 holds at 46% of its 52-week range with RSI at 40. In other words, neither side has a clear edge right now. 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
Mmp Industries Limited (NSE: MMP) Reports Record Quarterly and Half-yearly Revenue; Q2fy27 Revenue Grows 35% and PAT Rises 73% Yoy
MMP Industries Limited (NSE: MMP) reports record quarterly and half-yearly revenue for Q2FY27 and H1FY27, with revenue growing 35% and PAT rising 73% YoY.
MMP Industries Limited (NSE: MMP) has announced its financial results for the second quarter and half year (Q2FY27 and H1FY27) ended September 30, 2026, marking a significant milestone with record quarterly and half-yearly revenue. The company’s total income grew 34% year-on-year (YoY) to ₹2,529 million in Q2FY27, compared to ₹1,882 million in Q2FY26. Profit After Tax (PAT) surged 73% YoY to ₹121 million in Q2FY27, reflecting improved operating performance and profitability.
Key Financial Highlights
The company’s consolidated financial performance for Q2FY27 and H1FY27 is as follows:
- Total Income grew 34% YoY to ₹2,529 million in Q2FY27, compared to ₹1,882 million in Q2FY26.
- Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) increased 44% YoY to ₹193 million in Q2FY27, compared to ₹134 million in Q2FY26.
- EBITDA margin improved by 53 basis points (bps) YoY to 7.65%, compared to 7.12% in Q2FY26.
- PAT grew 73% YoY to ₹121 million in Q2FY27, compared to ₹70 million in Q2FY26.
Segmental Performance
The company’s business segments delivered robust performances:
- The Aluminium Powders segment grew revenue by 37% YoY to ₹1,610 million in Q2FY27, driven by strong demand and export performance.
- The Aluminium Foils segment saw a 47% YoY revenue increase to ₹748 million in Q2FY27, supported by sustained demand.
- The Aluminium Conductors and Cables segment experienced a 16% YoY revenue decline to ₹156 million in Q2FY27, primarily due to monsoon-related project delays.
MMP Industries Limited remains optimistic about its future growth prospects, with plans for expansion and increased market presence.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of MMP Industries Limited
MMP Industries Limited belongs to the Basic Materials › Aluminum sector. Here’s a quick read on where the business and the stock stand today.
MMP gains 74.0% over three months and trades near its 52-week highs. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. Buyers show up with 1.7x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The business grows revenue at 15.2% and profits at 13.3%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 1.87 premium is usually justified. Check Fundamentals of MMP Industries Limited.
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