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NALCO gains on target of procuring goods and services worth Rs 300 crore from MSEs in FY15

02 Sep 2014 Evaluate

National Aluminum Company (NALCO) is currently trading at Rs. 59.20, up by 1.40 points or 2.42 % from its previous closing of Rs. 57.80 on the BSE.

The scrip opened at Rs. 57.70 and has touched a high and low of Rs. 59.30 and Rs. 57.70 respectively. So far 126345 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 63.50 on 26-Jun-2014 and a 52 week low of Rs. 31.50 on 26-Sep-2013.

Last one week high and low of the scrip stood at Rs. 58.15 and Rs. 52.25 respectively. The current market cap of the company is Rs. 15231.48 crore.

The promoters holding in the company stood at 80.93 % while Institutions and Non-Institutions held 12.78 % and 6.29 % respectively.

National Aluminium Company (Nalco) is aiming to procure goods and services worth Rs 300 crore from the micro and small enterprises (MSEs) in 2014-15. In percentage terms, this constitutes 19.5% of the total annual procurement of the company estimated at Rs 1,540 crore for the year. The list of items to be procured from the MSEs, however, excludes steel, cement, coal and fuel.

The MSEs from which the other items will be sourced, include the units promoted by SC/ST entrepreneurs, who will be supplying the company Rs 1 crore worth of goods and services in the current fiscal.

NALCO has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network in terms of rail & port facilities, coal mining and handling plant to support its operations and to become one of the most cost-efficient aluminium companies across the globe.

National Aluminium Share Price

401.80 -2.25 (-0.56%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
National Aluminium 401.80
Maan Aluminium 148.20
Arfin India 96.20
Manaksia Aluminium 36.81
PG Foils 210.00
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