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Nalco surges on entering into MoU with BARC for research and development

12 May 2016 Evaluate

National Aluminium Company (Nalco) is currently trading at Rs. 42.90, up by 0.50 points or 1.18% from its previous closing of Rs. 42.40 on the BSE.

The scrip opened at Rs. 42.60 and has touched a high and low of Rs. 43.40 and Rs. 42.60 respectively. So far 35709 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 50.90 on 12-May-2015 and a 52 week low of Rs. 28.00 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 45.40 and Rs. 41.20 respectively. The current market cap of the company is Rs. 11056.35 crore.

The promoters holding in the company stood at 80.93% while Institutions and Non-Institutions held 12.15% and 6.92% respectively.

State-run aluminium maker Nalco has entered into a memorandum of understanding (MoU) with Bhabha Atomic Research Centre (BARC), Mumbai, for Research and Development (R&D) in fields of mutual interest. Extraction of Gallium from Bayer Liquor will be NALCO's first R&D project with BARC with an objective to develop indigenous technology for this strategic metal.

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

404.05 -2.55 (-0.63%)
07-May-2026 16:01 View Price Chart
Peers
Company Name CMP
National Aluminium 404.05
Maan Aluminium 149.85
Arfin India 95.43
Manaksia Aluminium 36.00
PG Foils 210.30
View more..

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