Aug 13, 2012 06:45 PM IST
National Aluminium Company (NALCO) is set to declare its results for the quarter ended June 2012 on Tuesday. Analysts on an average expect the profit after tax to fall by 38% year-on-year and 17% quarter-on-quarter to Rs 234.3 crore.
- Aug 13, 2012 03:17 PM IST
The newly-appointed Finance Minister P Chidambaram is keen to revive divestment plans. The FM is targeting 15 sell-offs in FY13 with one sale in every 15 days, reports CNBC-TV18 quoting finance ministry sources. Government's divestment target for FY13 is Rs 30,000 crore.
- Jul 15, 2012 11:19 AM IST
Aluminum producer Nalco is in talks to buy Indonesia's Ashan Aluninum (Inalum) for up to Rs 8,000 crore, in what could be the largest overseas acquisition by state-owned metal firm.
- Jul 15, 2012 11:01 AM IST
In a major diversification plan, state-run Power Grid Corporation is in discussions with three companies, including SAIL, for setting up an equal joint venture to manufacture transmission equipment.
- Jul 13, 2012 04:04 PM IST
Aluminium prices may rise by up to 10% in 2-3 months to USD 2,000 per tonne due to subdued supply in the international market, Nalco Chairman B L Bagra said today.
- Jul 11, 2012 04:28 PM IST
Aluminium producer Nalco, in consortium with steel major SAIL and Hindustan Copper, will submit a bid for developing gold and copper deposits in Afghanistan this month, a top company official said today.
- Jun 21, 2012 02:37 PM IST
The government will very soon set up an inter-ministerial panel which will look into the reasons for delay in production from captive coal blocks and suggest measures to fast-track their development amid acute shortage of the fuel across the country.
- May 22, 2012 10:14 AM IST
State-owned National Aluminium Company has a "comfortable" coal inventory at an average of 18-19 days and should be able to manage the upcoming monsoon season, BL Bagra, CMD and Director (Finance) told CNBC-TV18.
- Apr 16, 2012 05:56 PM IST
Motilal Oswal has come with its March quarterly earning estimates for Metals sector. As per the research firm, steel prices are expected to soften gradually due to demand slow down in China due to falling fixed asset investment.
- Apr 10, 2012 05:54 PM IST
Angel Broking has come with its quarterly earning estimates on metal sector for March 2012. The research firm expects, non-ferrous companies to register a dip in their top line on a yoy basis, owing to the decline in LME prices.
- Apr 04, 2012 10:47 AM IST
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Nalco.
- Apr 04, 2012 08:34 AM IST
In the background of weak global markets, Sudarshan Sukhani of s2analytics.com would look for an opportunity to go short. According to him, around 5,300 would be an opportune level to start buying.
- Apr 03, 2012 04:46 PM IST
In an interview to CNBC-TV18, BL Bagra, chairman and managing director, NALCO says, he expects the financial year to be better compared to the last year.
- Apr 03, 2012 03:31 PM IST
Chambal Fertilisers and Chemicals can test Rs 90-100, says Sudarshan Sukhani of s2analytics.com.
- Mar 20, 2012 05:00 PM IST
National Aluminium Company Limited (NALCO) has set a target of a sales turn over of Rs 7073 crore during the 2012-13 fiscal, which is Rs 500 crore more than that of the ongoing financial year.
- Mar 16, 2012 06:36 PM IST
A fortnight after being formed to set up nuclear power plants, the new joint venture company of Nuclear Power Corporation of India Limited (NPCIL) and NALCO held its first meeting here today.
- Jan 12, 2012 06:44 PM IST
Angel Broking has come with its December quarterly earning estimates for Metal sector. According to the research firm, for Q3FY12, the steel space will continue to face challenges (as witnessed in 2QFY2012) amid high raw-material costs, low demand and ongoing European debt crisis.
- Jan 11, 2012 04:45 PM IST
Motilal Oswal has come with its December quarterly earning estimates for Metals sector.
- Dec 14, 2011 04:09 PM IST
IIFL has come out with its report on aluminium sector. The research firm recommends investors to buy Hindalco & NALCO.
- Dec 14, 2011 03:49 PM IST
PINC Research has come out with its report on metal sector. Anglo American has settled a coking coal contract for Q4FY12 with Posco at USD235/t FOB Australia and a low-volatile PCI coal contract at USD171/t.
- Nov 14, 2011 02:09 PM IST
Nalco's second quarter results were well below the street’s estimates in terms of earnings. Chairman and director of finance BL Bagra indicated that the margins were hit because the supply from Mahanadi coal was disrupted. Nalco has been targeting 30,000-60,000 tonne of additional alumina sale in Q3.
- Oct 15, 2011 12:11 PM IST
Motilal Oswal has come out with its earning estimates on Metal sector for the quarter ended September 2011. According to the research firm, Nalco September quarter net sales are expected to go up by 14.8% at Rs 1698.4 crore, year-on-year, (YoY) basis.
- Oct 13, 2011 04:46 PM IST
Angel Broking has come out with its earning estimates on metals sector for the quarter ended September 2011. According to the research firm, NalcoSeptember quarter net sales are expected to go down by 1% at Rs 1,440 crore, year-on-year (YoY) basis.
- Oct 12, 2011 04:35 PM IST
Goa Carbon Limited (GCL), a subsidiary of Dempo group, has posted net profit before tax at Rs 608.27 lakh as compared to a profit of Rs 427.23 lakh recorded in the corresponding quarter of the previous year.
- Oct 10, 2011 09:16 PM IST
An ash pond of the National Aluminium Company Limited (NALCO) at Angul leaked today and the leakage was arrested by the company later in the day.