🟩 National Aluminium Company Ltd (NATIONALUM)
Technical View:
NATIONALUM
The stock continues its steady uptrend, rising over 25% in the last three months and trading above its 21-EMA (₹222). Strong buying volumes confirm sustained momentum, with RSI showing healthy strength. A close above ₹240 could open the next leg toward ₹255–₹260, while ₹222 remains immediate support.
Fundamental View:
National Aluminium is benefiting from firm aluminium prices and a strong export order book. Q2FY25 results showed revenue growth aided by cost efficiency and rising global demand. The balance sheet remains debt-light with strong cash reserves. Outlook remains positive amid renewed focus on domestic manufacturing and metal demand recovery.
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