Nalco shares in focus after Q2 profit rises multi-fold to Rs 1,046 crore
- Posted on November 14, 2024
- By Business News Today
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Nalco shares in focus after Q2 profit rises multi-fold to Rs 1,046 crore
National Aluminium Company (Nalco) witnessed a remarkable five-fold surge in its consolidated profit for the September quarter, reaching Rs 1,045.97 crore, driven by robust revenue growth. The company's board has announced an interim dividend of Rs 4 per share for FY24-25. Nalco's shares, however, experienced a 2.7% dip, closing at Rs 219.8 on the BSE on Wednesday.