National Aluminium Company is currently trading at Rs. 49.40, up by 0.65 points or 1.33% from its previous closing of Rs. 48.75 on the BSE.
The scrip opened at Rs. 49.25 and has touched a high and low of Rs. 50.00 and Rs. 48.45 respectively. So far 17567 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 68.45 on 16-Feb-2012 and a 52 week low of Rs. 44.00 on 26-Nov-2012.
Last one week high and low of the scrip stood at Rs. 51.15 and Rs. 48.05 respectively. The current market cap of the company is Rs. 12744.44 crore.
The promoters holding in the company stood at 87.15% while Institutions and Non-Institutions held 9.07% and 3.78% respectively.
National Aluminium Company (Nalco) is all set to commission 2nd wind power project in September. The company is setting up the said project at Ludarva in Jaisalmer district of Rajasthan with a capacity of 47.6 MW. The Rs 283 crore wind power project will be executed by Gamesa Wind Turbines which involves erection of 56 Wind Turbines, each of 850 KW rating.
In December last year, the company started its first wind power project at Gandikota in Kadapa district of Andhra Pradesh with an investment of Rs 274 crore. This 50-MW Suzlon-erected project received clearance from the Ministry of Forests and Environment.