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Nalco shares gain 8% on strong Q2 results
Business
Nalco's stock shot up nearly 8% on Monday, November 10, after the company posted a strong Q2 FY26.
Net profit climbed 36.7% to ₹1,430 crore, and revenue jumped 31.5% to ₹4,292 crore compared to last year.
This marks two days in a row of solid gains for the stock.
Nalco's board declared an interim dividend of ₹4 per share
With profits up, Nalco's board announced an interim dividend of ₹4 per share, amounting to ₹734.65 crore for FY26.
The company also boosted its operating margins and is expanding its alumina refinery by June 2026—expecting global aluminum prices to remain strong.