NALCO is currently trading at Rs. 50.20, up by 1.95 points or 4.04% from its previous closing of Rs. 48.25 on the BSE.
The scrip opened at Rs. 50.00 and has touched a high and low of Rs. 50.80 and Rs. 50.00 respectively. So far 1,00,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 51.40 on 13-Jul-2016 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. 51.40 and Rs. 43.30 respectively. The current market cap of the company is Rs. 12,937.74 crore.
The promoters holding in the company stood at 80.93%, while Institutions and Non-Institutions held 12.02% and 7.05% respectively.
National Aluminium Company (NALCO), the Navratna PSU, under Ministry of Mines, Government of India has been granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company’s 22,75,000-tonne Alumina Refinery is located. The company has been granted the mining lease of Pottangi with an area covering 1,738 hectares for a period of 50 years.
NALCO’s expansion plans, including the proposed addition of 5th stream in its existing Alumina Refinery at an investment of Rs 5,600 crore, greatly depended on this additional source of bauxite.
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.
| Company Name | CMP |
|---|---|
| National Aluminium | 401.80 |
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| Arfin India | 96.20 |
| Manaksia Aluminium | 36.81 |
| PG Foils | 210.00 |
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