Amid weakness in the market, the stock of state-owned National Aluminium Company (NALCO) saw a gain of more than 5% on Monday. The market opened with a slight gain on Thursday, but has been declining since then. The market is showing increasing weakness due to pressure on auto stocks. Selling pressure is also being seen in the broader market. But, despite this, NALCO is trading in the green. There are many factors behind the rise in this stock today.

The first reason for this is that the stock is seeing a rise after the announcement made by China's Housing Minister. China has announced monetization measures under urbanization projects to revive the real estate sector here. China will urbanize 10 lakh cities. After this announcement, real estate stocks also saw a rise in the Chinese market.

Another reason is that the world's largest aluminum company Alcoa has also released its results for the July-September quarter. After releasing the best results in the last 3 years, this stock saw a rise of 6%. Due to the increase in alumina prices and low expenses, the company's results have been better than expected. Aloca's earnings per share (EPS) was 138% more than expected. The company's management said that the market is expected to remain tight in the next 6 to 9 months. In such a situation, the company's EBITDA is expected to be better in the fourth quarter. After a special conversation with CNBC-TV18, the management of NALCO had said that the company expects the aluminum price to be $600 per tonne. The management has estimated the aluminum production to be 2.6 MT in the financial year 2026. This estimate is 2.7 MT for the financial year 2027. The current production rate of the company is 2.1 MT. The company has set the capex target for the next year from ₹ 2,000 crore to ₹ 2,500 crore. Talking about the performance of this stock, in the last 1 month, this stock has shown a growth of more than 21%. So far this year, this stock has shown a growth of more than 65%. Whereas, in one year, this stock has shown more than double the growth. During this period, this stock shows a growth of 125%.