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    you are here: HomeNewsBusinessMoneycontrol Research

    Nalco: Cost leadership puts it in a safe place for long term

    Nalco, with an integrated set-up, lowest cost curve in terms of alumina production and captive power supply is likely to remain competitive

    Nandish Shah
    September 10, 2020 / 02:07 PM IST
    Nalco: Cost leadership puts it in a safe place for long term

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
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    National Aluminium Company Ltd (NALCO) (CMP: Rs 34, MCap: Rs 6,324 crore) beat Street expectations with its June 2020 quarter results. Lower cost in the aluminum segment and inventory gains helped the company put up a better show. Prices of both Alumina and Aluminium have recovered, post the March sell-off. We expect both Alumina and Aluminium markets to remain in surplus inventory due to the decline in demand, and thus there remains a downside risk to their prices. The recent...

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