National Aluminium Company gained as much as 4.6% intraday after the CNBC-TV18 reported that the government is going to sell 12.15% stake in the company. The Department of divestment has invited merchant bankers for the process of follow on public offer.

At 10:40 hours IST, the share was trading at INR 51.10 up 3.02% after hitting an intraday high of INR 51.90 and low of INR 50.20. Even its trading volumes increased 58% to 21,063 shares as compared to its 5 day average of 13,307 shares.

Market capitalization of the company currently stands at INR 13,169.69 crore.

Source - Money Control.com

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