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National Aluminium Company Ltd.
08 Aug 2021, 12:00AM
229.55
2.65%
Motilal Oswal
INR24.7b/INR5.8b/INR3.5b and was 15%/34%/38% below our estimate. Sequentially, the decline was led by lower volumes and higher costs (on a lower base due to one-offs), partly offset by higher LME prices. The miss on EBITDA was led by lower than expected aluminum volumes (91kt, 9% lower than our estimate), lower than expected realizations, and...
National Aluminium Company Ltd. is trading above all available SMAs
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