NALCO has attracted investor attention following a recent research report from Prabhudas Lilladher, which has assigned an 'Accumulate' rating on the stock.
NALCO share price declined further on Tuesday and the stock can take support from Rs 180 levels on the downside. NALCO close 3.9 percent lower and touched an intraday low at Rs 187.20.
Novelis Incorporated, a US-based sustainable aluminum solutions leader and a subsidiary of Hindalco Industries, has announced plans to raise $750 million through the issuance of bonds.
NALCO share price jumped by 3 percent on Tuesday. The public sector metal major touched an intraday high of Rs 227.40 before closing the session at Rs 226.28.
