National Aluminium Company (NALCO) is currently trading at Rs. 65.65, up by 0.60 points or 0.92 % from its previous closing of Rs. 65.05 on the BSE.
The scrip opened at Rs. 65.65 and has touched a high and low of Rs. 67.10 and Rs. 65.10 respectively. So far 129480 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 72.45 on 08-Dec-2016 and a 52 week low of Rs. 29.75 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 68.35 and Rs. 63.50 respectively. The current market cap of the company is Rs. 17087.09 crore.
The promoters holding in the company stood at 74.58%, while institutions and non-institutions held 16.19% and 9.23% respectively.
NALCO is planning to raise production capacity during 2016-17 to 73.25 lakh tonnes (LT) from about 68.25 LT. The company had posted strong growth of 18% in Bauxite mining, in 2016, the highest since inception and a record in the mining industry.
Besides, the company has signed a Memorandum of Understanding (MoU) with Utkal University for collaboration in R & D Projects, baseline and impact assessment survey for CSR Projects and Industry Institution Interaction.
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.
