Nalco shares rose 4 per cent on the stock exchanges today after reports said that the company had hiked aluminium prices.

The company’s share price was up over 4 per cent at Rs 48.35 on the NSE at 10.06 a.m.

According to the reports, Nalco has hiked aluminium prices by Rs 4,500 a tonne. The basic price of standard aluminium ingots after the latest increase is Rs 1,43,700 a tonne, they added.