State-run National Aluminium Co Ltd (NALCO) has raised aluminium prices by 2,000 rupees per tonne for all products in the domestic market, effective December 14, company sources said on Saturday.
State-run National Aluminium Co Ltd ( NALCO ) has raised aluminium prices by Rs 2,000 per tonne for all products in the domestic market, effective December 14, company sources said on Saturday.
The basic price of standard aluminium ingots after the latest revision increased to 145,700 rupees per tonne, said sources who declined to be identified, in line with company policy.
NALCO, India's third-largest producer of aluminium, revises product prices from time to time to mirror London Metal Exchange prices. It last raised aluminium prices across all products by 4,500 rupees per tonne on December 1.
NALCO stock price
On February 28, 2015, National Aluminium Company closed at Rs 47.20, down Rs 0.75, or 1.56 percent. The 52-week high of the share was Rs 68.80 and the 52-week low was Rs 32.40.
The company's trailing 12-month (TTM) EPS was at Rs 4.42 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 10.68. The latest book value of the company is Rs 47.04 per share. At current value, the price-to-book value of the company is 1.00.
Set email alert for
ADS BY GOOGLE
video of the day
Budget 2015-16: Revive capex through savings on cheap crude says Kotak Sec