National Aluminium Company

Nalco

Posted by : zoombusiness
Price when posted : BSE: Rs 387.70 ( 5.14 % ), NSE: Rs. 387.00 ( 4.78 % )

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Nalco in demand as it begins coal imports

National Aluminium Company spurted 5.26% to Rs 388.15 on BSE on reports the company begun importing coal to overcome shortages, which forced the company to cut alumina output in July 2008.


On BSE, 91,925 shares were traded in the counter. The scrip had an average daily volume of 1.69 lakh shares in the past one quarter.

The stock hit a high of Rs 393.75 and a low of Rs 374 so far during the day. The stock had hit a 52-week high of Rs 565.90 on 29 May 2008 and a 52-week low of Rs 252 on 30 August 2007.

The mid-cap company had underperformed the market over the past one month till 28 August 2008, declining 13.99% compared to the Sensex’s decline of 2.10%. It had also underperformed the market in the past one quarter, declining 33.22% compared to Sensex’s decline of 14.99%.

The company has an equity capital of Rs 644.31 crore. Face value per share is Rs 10.

The current price of Rs 388.15 discounts its Q1 June 2008 annualised EPS of Rs 32.16, by a PE multiple of 12.07.

As per reports, the company had planned total import of 3.30 lakh tonnes out of which 30000 tonnes of coal had already arrived.

Earlier this month, National Aluminium Company (Nalco) resumed normal production at its Damanjodi alumina refinery in the eastern state of Orissa after output was curtailed in July 2008 due to a coal shortage.

Domestic coal supplies are expected to improve only after the monsoon rains end in September 2008.

Nalco’s net profit rose 17.6% to Rs 525.33 crore on 25.9% increase in net sales to Rs 1467.49 crore in Q1 June 2008 over Q1 June 2007.

Nalco manufactures and distributes aluminum products. Government of India holds 87.15% stake in the company.



-CM...

Hold

Posted by : vkk43
Price when posted : BSE: Rs 392.05 ( -0.96 % ), NSE: Rs. 392.05 ( -1.05 % )

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One may hold this share for MT for good return from current level....

Is it right time to buy NALCO share?

Posted by : sarrrn
Price when posted : BSE: Rs 386.50 ( 0.78 % ), NSE: Rs. 388.00 ( 1.53 % )

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If it comes to 380-85, can we buy it or further it will continue to downside. Clarify......

www.multibaggerstockadvisor.blogspot.com

Posted by : Guest
Price when posted : BSE: Rs 391.65 ( -2.50 % ), NSE: Rs. 390.95 ( -3.13 % )

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i had been associated to him recently and greatly rewarded and i am proud to be associated to him...

Nalco

Posted by : zoombusiness
Price when posted : BSE: Rs 391.95 ( -2.43 % ), NSE: Rs. 391.50 ( -3.00 % )

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State-run National Aluminium Co. Ltd. has cut aluminium product prices by
4,000 rupees a tn with immediate effect, B.L. Bagra, director (finance) said
...

BSE Announcements on NALCO

Posted by : MMB Messenger
Price when posted : [NALCO - BSE:Rs. 393.15 NSE:Rs. 394.75 when posted]

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National Aluminium Company Ltd (NALCO) has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 03, 2008 to September 05, 2008 (both days inclusive) for the purpose of payment of dividend & 27th Annual General Meeting (AGM) of the Company to be held on September 20, 2008....

national aluminium

Posted by : vishnu 81
Price when posted : BSE: Rs 392.80 ( 0.05 % ), NSE: Rs. 393.15 ( 0.18 % )

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National Aluminium Company Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 03, 2008 to September 05, 2008 (both days inclusive) for the purpose of payment of dividend on equity shares when declared at the ensuing Annual General Meeting of the Company which is proposed to be held on September 20, 2008....

NSE Announcements on NALCO

Posted by : MMB Messenger
Price when posted : [NALCO - BSE:Rs. 393.15 NSE:Rs. 394.75 when posted]

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National Aluminium Company Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 03, 2008 to September 05, 2008 (both days inclusive) for the purpose of payment of dividend on equity shares when declared at the ensuing Annual General Meeting of the Company which is proposed to be held on September 20, 2008....

Nalco Iran project

Posted by : gv
Price when posted : BSE: Rs 406.00 ( -0.11 % ), NSE: Rs. 404.00 ( -0.68 % )

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Hi,
Tuesday August 12, 04:31 AM
Nalco all set for 3.1-lakh-tonne Iran project, names consultant

By Dilip Bisoi

National Aluminium Company Ltd (Nalco), India\'s second largest producer of aluminium, has initiated the process of appointing consultants for its projects. The company proposes to set up an alumina refinery in Andhra Pradesh and an aluminium smelter and a captive power plant in Orissa, besides two smelter complexes abroad. ...