National Aluminum Company (NALCO), the Bhubaneswar-based integrated PSU aluminium maker, is still awaiting for the Union Ministry of Forests and Environment’s (MoEF) nod for resumption of operations at its bauxite mine in Odisha. On November 17, operations at its Panchpatmali in Koraput district was stopped in absence of mine lease renewal.
The entity is now looking for one-year temporary work permit as it needs to replenish dwindling bauxite stock at its refinery at nearby Damanjodi. The decision on the temporary work permit eluded NALCO as the forest advisory committee of MoEF could not approve it at its meeting on November 27.
| Company Name | CMP |
|---|---|
| National Aluminium | 438.70 |
| Maan Aluminium | 144.15 |
| Arfin India | 94.47 |
| Manaksia Aluminium | 31.35 |
| PG Foils | 216.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: