National Aluminium Company

BSE Announcements on NALCO

Posted by : MMB Messenger
Price when posted : [NALCO - BSE:Rs. 332.15 NSE:Rs. 185.65 when posted]

National Aluminium Company Ltd (NALCO) has informed BSE that Shri. C R Pradhan has been appointed as Chairman cum Managing Director of the Company with effect from August 03, 2009 vide Order dated August 03, 2009 of Ministry of Mines, Government of India....

BSE Announcements on NALCO

Posted by : MMB Messenger
Price when posted : [NALCO - BSE:Rs. 308.50 NSE:Rs. 185.65 when posted]

National Aluminium Company Ltd (NALCO) has announced the following Unaudited results for the quarter ended June 30, 2009:

The Company has posted a net profit of Rs 1264.50 million for the quarter ended June 30, 2009 as compared to Rs 5253.30 million for the quarter ended June 30, 2008. Total Income has decreased from Rs 15937.00 million for the quarter ended June 30, 2008 to Rs 10365.00 million for the quarter ended June 30, 2009....

NSE Announcements on NALCO

Posted by : MMB Messenger
Price when posted : [NALCO - BSE:Rs. 308.50 NSE:Rs. 185.65 when posted]

National Aluminium Company Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 92158 lacs for quarter ending on 30-JUN-2009 against Rs. 146749 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 12645 lacs for the quarter ending on 30-JUN-2009 against Rs. 52533 lacs for the quarter ending on 30-JUN-2008....

Any idea about this share?

Posted by : Guest
Price when posted : BSE: Rs 308.05 ( 4.99 % ), NSE: Rs. 308.80 ( 5.84 % )

I have 400 shares @RS 317/-
Shall I wait for some time or quit by booking loss?...

Holding Of Nalco Shares

Posted by : ikhan23
Price when posted : BSE: Rs 293.95 ( 0.39 % ), NSE: Rs. 294.35 ( 0.34 % )

I have received an alert from HDFC on friday that the stock has a target of 305/- within 2-3 trading days so i wud suggest u hold on to the stock to cut down ur losses...well the ultimate decision is solely urs
Regards,
Irf@n...

BSE Announcements on NALCO

Posted by : MMB Messenger
Price when posted : [NALCO - BSE:Rs. 276.80 NSE:Rs. 185.65 when posted]

National Aluminium Company Ltd (NALCO) has informed BSE that a meeting of the Board of Directors of the Company will be held on July 31, 2009, inter alia, to take on record the Unaudited Financial Results for the quarter ended June 30, 2009 (Q1)....

Holding Of Nalco Shares

Posted by : Vijau
Price when posted : BSE: Rs 274.50 ( 3.74 % ), NSE: Rs. 274.70 ( 4.01 % )

Sir,
I have purchased 67 shares @ 305. Can it cross that price....

View On Nalco

Posted by : Guest
Price when posted : BSE: Rs 254.85 ( -5.98 % ), NSE: Rs. 254.70 ( -6.63 % )

Highly negative. The matal space has been bad since Q2 Fy 08. Why did get into it at all after this. If you hold on for 2 years you may see better day POSSIBLY . Budget is anti market and that will drag all indices down

Subrata Datta

...

View On Nalco

Posted by : pittisunil1
Price when posted : BSE: Rs 280.50 ( -0.02 % ), NSE: Rs. 279.80 ( -0.48 % )

Sir,
We hv Bought NALCO @ 307.What is ur short term view on this?...

Average Aluminium Prices & EBIT Margin

Posted by : BAZEEGAR
Price when posted : BSE: Rs 348.85 ( 1.56 % ), NSE: Rs. 348.20 ( 1.32 % )

Aluminium segment is severely affected in view of fall
in LME prices, adjoining this, the cushion provided in
the form of INR depreciation is also vanishing post
March 2009....

LME Aluminium Prices and Inventory

Posted by : BAZEEGAR
Price when posted : BSE: Rs 348.85 ( 1.56 % ), NSE: Rs. 348.20 ( 1.32 % )

Aluminium price has seen a very sharp fall coupled
with all time high inventory levels due to very sharp
contraction in consuming segment like housing and
transport across the globe....

LME Aluminium Inventory

Posted by : BAZEEGAR
Price when posted : BSE: Rs 348.85 ( 1.56 % ), NSE: Rs. 348.20 ( 1.32 % )

LME inventory has touched an all time high level of 4.2
MT in over three-decade, nearly six weeks’
consumption. This is the reason, aluminium has
declined 7% YTD (CY), compare to 57% & 24% gain in
copper and zinc respectively....

LME Aluminium Price

Posted by : BAZEEGAR
Price when posted : BSE: Rs 348.85 ( 1.56 % ), NSE: Rs. 348.20 ( 1.32 % )

Prices have fallen way below over two-decade average
of $1,720/tonne and currently ruling at $1,450/tonne.
However, looking at the stability in developed
countries and minor recovery in developing countries
would improve the prices....

Other Projects

Posted by : BAZEEGAR
Price when posted : BSE: Rs 348.85 ( 1.56 % ), NSE: Rs. 348.20 ( 1.32 % )

Apart from these projects, the company has plans to set up an aluminium park in Angul, as a joint venture with
Orissa Industrial Infrastructure Development Corporation (IDCO). Bharat Earth Movers Limited (BEML) and
NALCO have entered into an agreement to collaborate for the production of aluminium rail wagons. Besides
this, EoI has been invited from competent parties to set up a cement plant based on fly ash of NALCO’s power
plant at Angul. In addition to all these, several projects are in the pipeline at various stages aimed at backward
integration to ensure smooth and economic sourcing of raw materials...

Projects Abroad

Posted by : BAZEEGAR
Price when posted : BSE: Rs 348.85 ( 1.56 % ), NSE: Rs. 348.20 ( 1.32 % )

NALCO has signed an MoU with the Govt of Indonesia to set up a 0.5 MT smelter and a 1250 MW captive power
plant with an investment of Rs 140 bn in the greenfield project. In Iran, a 0.33 MT smelter has been planned in
two phases as a joint venture with project cost of approximately Rs 80 bn....