NALCO share price, Nov. 10 -- Shares of National Aluminium Company (NALCO) surged almost 9 per cent in morning trade on the BSE on Monday, November 10, buoyed by the company's healthy Q2 results and interim dividend announcement.

NALCO share price opened at Rs.240.10 against its previous close of Rs.234.45 and jumped 8.7 per cent to an intraday high of Rs.254.85. Around 9:50 am, the metal stock traded 8 per cent higher at Rs.253.10. Equity benchmark Sensex was 0.30 per cent up at 83,454 at that time.

The PSU firm on November 7 reported a net profit of Rs.1,430 crore, reflecting a year-on-year (YoY) growth of 37 per cent, supported by a steady rise in aluminium prices. Revenue from operations rose by 7.2 per cent to Rs.4,293 crore.

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