National Aluminium Q2 profit rises 28.3% to Rs 1,835 crore

National Aluminium Company shares are in focus on 3 Nov 2026 after Q2 profit rose 28.3%. An inverse head and shoulders setup is near its neckline. National Aluminium Company Limited [

] will be in focus on 3 November 2026 after its Q2 consolidated results. Profit rose 28.3% year on year to Rs 1,835 crore, against Rs 1,429.9 crore. Revenue grew 26.3% to Rs 5,419.4 crore from Rs 4,292.3 crore. Profit grew slightly faster than revenue. On the chart, price is shaping an inverse head and shoulders pattern and trades near Rs 327, close to the neckline resistance. The stock had fallen sharply before this base formed. In my view, the results give this setup a supportive backdrop. A breakout above the neckline could build momentum, with 350 as the next resistance. A rejection at the neckline would keep the stock in its base, and a fall below 314 would bring 293 support into view. The pattern is not complete until price clears the neckline. Watch for a close above the neckline on volume, and for the stock’s reaction in today’s session after the results. Stance: bullish bias while 314 holds, with a breakout above the neckline needed to build momentum. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.