India's Hindalco, Nalco hit 2-month highs as aluminium prices rise
12/08/2026 09:41
BUZZ-India's Hindalco, Nalco hit 2-month highs as aluminium prices rise ** India's Hindalco HALC.NS and National Aluminium Co NALU.NS jump 3% and 7%, respectively
** HALC and NALU hit two-month highs of 1,087.5 rupees and 422.2 rupees
** Aluminium prices on London Metal Exchange rose for seventh session to seven-week high on Tuesday, as fears of tight inventory and continued supply deficit boosted the light metal MET/L
** Higher prices are positive for aluminium companies as they boost their margins
** HALC and NALU top pct gainers on benchmark Nifty 50 .NSEI and Nifty 500 .NIFTY500, respectively
** YTD, HACL and NALU up 21.7% and 32.6%
(Reporting by Vivek Kumar M)
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India's Hindalco, Nalco hit 2-month highs as aluminium prices rise