NALCO Stock Soars 9% After 5x Profit Growth

NALCO shares jumped over 9% on November 18 after the company reported a five-fold increase in its quarterly profit. The company earned a net profit of ₹1,062 crore for Q2 FY 2024-25, up from ₹206 crore in the same period last year. Its total income grew by 32% to ₹4,001 crore, and the company also declared an interim dividend of ₹4 per share.

By Avi G

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