On account of aluminium and other metal prices soaring to a record high this year and the Government of India (GoI) imposing a 5 per cent anti-dumping duty on aluminium, stock market experts are expecting quarterly solid numbers from metal stock companies. This includes National Aluminium Company Limited or NALCO.

• Sebi Plans Trading Reforms to Reverse Foreign Outflows
• Regeneron’s Pasatru Wins FDA Approval for FOP
• HDFC Bank Shares Rise After RBI Clears LIC’s Stake Hike
• India’s Oil Import Bill Jumps 56.5% to $63.4 Billion in April-July
• IDFC FIRST Bank Raises $500 Million in Debut Bond Sale

According to stock market experts, NALCO shares look strong from fundamental and technical angles. They advised investors to buy this Rakesh Jhunjhunwala stock at around Rs 95 to Rs 100 for 3 months target of Rs 137.