71.50 1.55 (2.22%)

New 52W Low in past week

10.4M NSE+BSE Volume

NSE Jul 05, 2022 12:19 PM



71.50
2.22%
Axis Direct
We continue to value the company at 5.5x FY24 EBITDA and 0.5x book value of CWIP. TP implies an upside potential of 15% from the CMP.
National Aluminium Company Ltd. has lost -22.06% in the last 1 Month
71.50
2.22%
default
National Aluminium Company Ltd. has lost -29.58% in the last 6 Months
71.50
2.22%
NALCO Q4 profit rises 9.5% to Rs 1,025 crore on account of higher income
NALCO Q4 profit rises 9.5% to Rs 1,025 crore on account of higher income
Business Standard
The company's consolidated income during the January-March period increased to Rs 4,492.10 crore as against Rs 2,874.47 crore a year ago, the filing said.
default
National Aluminium Company Ltd. has lost -22.06% in the last 1 Month
71.50
2.22%

National Aluminium Company declares Q4FY22 result:

  • Nalco Breaks Several Past Records FY 21-22 Net Profit Zooms 2.7 Times To Rs. 2,952 Crore
  • Showing robust performance across all its business units, the company has posted its best-ever annual production and sales in FY21-22, registering highest ever revenue from operations and highest ever net profit (PAT) of Rs.14,181 crore and Rs.2,952 crore respectively.
  • Market dynamics has resulted in multifold increase in turnover and consequent Profit in the fiscal 21-22. The net profit of the company for the financial year 2021- 22 has jumped by 227% over immediate preceding financial year.
  • During the FY 21-22, the Company has achieved bauxite production of 75.11 lakh tonnes from its Captive Bauxite Mines and produced aluminium at its name plate capacity of 4.60 lakh tonnes for the first time since inception, surpassing all previous records.

Shri Sridhar Patra, CMD, NALCO, said that the results were driven by strong operational performance coupled with effective raw material procurement and sales strategy, cost saving measures, supported by positive business outlook, favourable LME price and uptick in global aluminium demand. Attributing the success to the teamwork and dedication of the employees, Shri Patra further said that the strategic decision with focus on optimizing production and productivity in spite of COVID restrictions has paid dividends. Shri Patra thanked the senior management team, all employees, unions and associations and all stakeholders for the unstinted support. He further expressed his gratitude to the Ministry of Mines, Government of India and Govt of Odisha, for their continuous support, without which this performance could not have been achieved.

Result PDF

71.50
2.22%
Business Line
Alumina not consumed by Nalco should be offered to other domestic producers, says council
National Aluminium Company Ltd. has lost -42.91% in the last 3 Months
71.50
2.22%
Business Line
WIth the diversion of coal for power generation, coupled with shortage of wagons, the NALCO's inventories to last only four days
default
National Aluminium Company Ltd. is trading below all available SMAs
71.50
2.22%
Aluminium producer NALCO faces coal scarcity due to train shortage
Aluminium producer NALCO faces coal scarcity due to train shortage
Business Today
Daily supplies to NALCO were falling short of requirement by at least 5,000 tonnes due to the train shortage, a senior company official told Reuters, adding that the company had coal inventories that would last only four days.
71.50
2.22%
Business Line
MCL says that it has sufficient coal stock of 16.5 million tonnes available for dispatch to meet the current requirement of its consumers
National Aluminium Company Ltd. is trading below all available SMAs
71.50
2.22%
India to invest in exploring lithium, cobalt mines in Australia
India to invest in exploring lithium, cobalt mines in Australia
Moneycontrol
India's KABIL, a mining joint venture between state-run firms National Aluminium Co, Hindustan Copper Ltd and Mineral Exploration Corp Ltd, has signed a preliminary agreement with Australia's Critical Minerals Facilitation Office (CMFO), the Indian government said on Tuesday.
default
Number of FII/FPI investors increased from 267 to 332 in Mar 2022 qtr.
71.50
2.22%
Axis Direct
We initiate coverage with a BUY rating and value the company at 5.5x FY24 EBITDA and 0.5x book value of CWIP to arrive at the target price of Rs 150/share, implying an upside potential of 28% from the current levels
default
National Aluminium Company Ltd. is trading below all available SMAs
1118 Votes:
Buy 80.68%
Sell 11.45%
Hold 7.87%
BUY
SELL
HOLD