NALCO Share Price: National Aluminium Company Limited's (NALCO) share price rose over 5% in morning trade on Thursday following its second-quarter results announced after the market close on Wednesday. The company also declared an interim dividend of Rs 4 per equity share (80% on face value of Rs 5) for FY 2024-25.

NALCO Share Price History: NALCO shares gave a return of 139%

NALCO's share price opened at ₹ 229.80 on the BSE on Thursday, up nearly 4.5% from the previous day's close of ₹ 219.80. NALCO's share price subsequently hit an intraday high of ₹ 230.75, up nearly 5%. NALCO's share price has gained over 139% in the last one year, giving investors multi-bagger returns.

NALCO Q2 Result

Navratna CPSE, NALCO had witnessed a 415% increase in its net profit during the quarter ended September 2024. NALCO's net profit for the quarter ended September 2024 stood at Rs 1062 crore as against a profit of Rs 206 crore during the same period last year, showing an impressive growth of 415% in net profit.

The company's total income from operations during the quarter stood at Rs 4001 crore, registering a growth of 32 percent as compared to Q2 FY 23-24, which was Rs 3044 crore.

NALCO Dividend Details

NALCO approves payment of an interim dividend of Rs 4 per share (80% of the face value of Rs 5 each) on the paid-up equity share capital of Rs 918.32 crore for the financial year 2024-25.

NALCO Dividend Record dateThe Company has fixed Friday, November 29, 2024, as the record date for payment of interim dividend for the financial year 2024-25 to eligible shareholders.

When will the NALCO Dividend Payment happen?

The dividend payment will be completed- The interim dividend will be paid by 11.12.2024 to all eligible investors. Shareholders, whose names are recorded in the register of members as on the record date.