India's NALCO rises after Q3 profit beat, Trump's tariff raise caps upside

National Aluminium

11/02/2025 04:02

** Shares of India's National Aluminium Co (NALCO)  NALU.NS 
rise 1.2% to 193 rupees 
    ** Aluminium producer topped Q3 profit estimate, helped by
strong price of the metal
    ** NALU top pct gainer on the Nifty metal index  .NIFTYMET ,
which is flat  
    ** Upside capped by President Trump's tariff raise on
aluminium imports into the U.S.
    ** Other aluminium producers: Hindalco  HALC.NS  up ~1% and
Vedanta  VDAN.NS  down 1.3% 
    ** Day's rise trims stock's YTD losses to ~10% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))