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BSE   22 Jul 16 | 12:00 AM

48.80 1.15 (2.41%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532234
Face Value: N.A.

NSE   22 Jul 16 | 12:00 AM

48.95 1.4 (2.94%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: NATIONALUM
Performance
1 Week : Rs 48.25 (1.14%)
1 Month : Rs 41.60 (17.31%)
1 Year : Rs 37.20 (31.18%)
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Nalco gains on disinvestment buzz

SI Reporter / Mumbai 27 Mar 12 | 02:46 PM

National Aluminium Company (Nalco) is trading higher by 4% at Rs 55.50 on reports that the government, which presently holds 87.15% stake in the company, is considering the sale of 10% of its stake in the state-run aluminium producer.

“The draft proposal for divestment in Nalco, was sent to various ministries for their comments, and a response is pending from the ministry overseeing the mining industry," the report suggests.

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The stock opened at Rs 54.10 and touched high of Rs 55.70 on the National Stock Exchange. As many as a combined 662,402 shares have changed hands on the counter so far, against an average sub 625,000 shares that were traded daily in past two weeks.

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