Apr 04, 2013 03:29 PM IST
State-owned National Aluminium Company Ltd (NALCO) has cut domestic aluminium price by Rs.3,000 a tonne following a decline in international price of the metal, the third time in a month due to price correction at the London Metal Exchange.
- Apr 03, 2013 09:29 PM IST
Indian companies mobilised over Rs 34,000 crore through public equity issues in 2012-13, a sharp increase of 44 percent from the preceding fiscal.
- Mar 26, 2013 02:54 PM IST
National Aluminium Company Ltd (NALCO) has signed an agreement with the Union Ministry of Mines regarding physical and financial targets for 2013-14 financial year.
- Mar 25, 2013 08:37 AM IST
Nestle India | HUL | NALCO | Cairn India | IOC | SAIL | Kingfisher Airlines | Ranbaxy Laboratories | Videocon Industries | S Kumars Nationwide | UTV Software Communications | Suzlon Energy | Dr Reddys Laboratories | Deccan Chronicle Holdings and Chettinad Cement are the stocks | which are in news today.
- Mar 22, 2013 10:24 PM IST
Looking at the fate of some recent OFS such as of SAIL and NALCO, it is clear that government may find it difficult to achieve its FY14 divestment target of Rs 40,000 crore, reports Aakansha Sethi of CNBC-TV18.
- Mar 20, 2013 01:19 PM IST
Prithvi Haldea, MD, Prime Database is not happy with the way government has handled its divestment programme.
- Mar 18, 2013 08:47 PM IST
NALCO may correct to Rs 62, says SP Tulsian, sptulsian.com
- Mar 18, 2013 04:18 PM IST
According to Mehraboon Irani of Nirmal Bang Securities, National Aluminium Company (NALCO) would be a great buy around Rs 40.
- Mar 18, 2013 12:26 PM IST
The market is hoping for a 25 basis point rate cut from Reserve Bank of India (RBI) on Tuesday. If the central bank disappoints then one should be ready for sharp intraday volatility in the banking index, which could hit the overall market sentiment.
- Mar 18, 2013 11:35 AM IST
Shares in state-controlled National Aluminium Company (NALCO) dropped below Rs 40 for the first time since November 20, 2008 after its offer for sale (OFS) received muted response.
- Mar 15, 2013 11:11 PM IST
After the expose in respect to Axis Bank, HDFC Bank and ICICI Bank, SP Tulsian of sptulsian.com takes this as a buying opportunity for all three stocks. He told CNBC-TV18 that although the Bank Nifty has been spoiled because of the bad performance, but all the PSU bank stocks have been ruling reasonably well.
- Mar 15, 2013 05:32 PM IST
State-run Nalco‘s offer for sale (OFS) received an overwhelming response today, with the issue getting fully subscribed before market close, making sure the government gets at least Rs 515 crore in its kitty.
- Mar 15, 2013 03:46 PM IST
Parag Doctor, Head - Trading Strategies, Keynote Capital's Ltd is of the view that NALCO may slip to Rs 35-36.
- Mar 15, 2013 03:40 PM IST
Aashish Tater, Head of Research, Fortunewizard.com is of the view that investor should switch from Steel Authority of India to NALCO.
- Mar 15, 2013 03:33 PM IST
Angel Broking is bearish on NALCO and finds the stock expensive at current level, so it recommends investors to avoid subscribing to the company's OFS.
- Mar 15, 2013 02:45 PM IST
The market turned shaky towards late afternoon trade. The Sensex was down 105.60 points to be at 19464.84, while the Nifty was down at 5888.50.
- Mar 15, 2013 02:34 PM IST
Ventura Securities has come out with its report on National Aluminium Company's (NALCO) OFS. According to the research firm, the stock has an attractive dividend yield of 2.28%. Investors can subscribe to the OFS.
- Mar 15, 2013 10:14 AM IST
The offer for sale of state-owned National Aluminium Company (NALCO) opened on Friday and shares plunged more than 8 percent in early trade to touch a new 52-week low of Rs 40.55 a share.
- Mar 15, 2013 08:42 AM IST
It was a steady session for the Dalal Street on Thursday the market closed with handsome gains. The Sensex ended gaining 207.89 points at 19570.44 while the Nifty added 57.75 points to end at 5908.95.
- Mar 15, 2013 08:30 AM IST
Purvankara Projects | Corporation Bank | Kingfisher | Gammon India | Punj Lloyd | Aanjaneya Lifecare | NALCO | Kennametal India | ONGC | Oil India and Videocon Industries are stocks, which are in the news today.
- Mar 14, 2013 08:20 PM IST
Nalco and RCF are good short term bets, says SP Tulsian, sptulsian.com.
- Mar 14, 2013 07:04 PM IST
Giving a steep discount of nearly 10 percent, the government today fixed Rs 40 a share as the floor price for up to 10 per cent stake sale in aluminium major Nalco, which would fetch a minimum of Rs 1,031 crore.
- Mar 14, 2013 09:44 AM IST
State-owned National Aluminium Company (NALCO) fell more than 5 percent in initial trade on Thursday on reports that the government will sell shares at around Rs 40 a share in offer for sale (OFS).
- Mar 13, 2013 08:02 PM IST
The Finance Ministry today said
the government's 12.5 per cent stake sale offer in Nalco will
hit the markets on March 15, which could mop up around Rs
1,400 crore to the exchequer.
- Mar 07, 2013 07:26 PM IST
The government's 12.15 percent stake sale in Nalco is likely next week and 10.82 percent disinvestment in SAIL may take place on March 20, sources said. With the two issues, the government will be selling part of its stake in four public sector firms in a span of two weeks.