National Aluminium Company Ltd

(NATIONALUM)

NALCO Hits 52-Week High Amid Strong Demand - 21 Nov, 2024

National Aluminium Company (NALCO) shares reached a 52-week high of ₹253.58, driven by a favorable market outlook and a significant rise in net profit. The stock has surged 170% over the past year, benefiting from China's export tax policy changes and strong domestic sales performance.

Nalco Stock Slightly Declines After Recent Surge - 19 Nov, 2024

Nalco's share price is down marginally to Rs 238.66 following a 10% jump on November 18, driven by rising aluminium prices due to China's export tax rebate changes.

NALCO Shares Surge on Positive Market Developments - 18 Nov, 2024

National Aluminium Company (NALCO) shares experienced significant gains following China's decision to scrap export tax rebates, coupled with strong financial results and positive market sentiment.

NALCO Declares Interim Dividend Amid Market Surge - 16 Nov, 2024

National Aluminium Company Ltd (NALCO) declared an interim dividend of Rs 4 per share, effective November 29, 2024. The company has seen significant stock price growth, doubling in the past year.

National Aluminium Upgraded to Reduce with New Target - 15 Nov, 2024

National Aluminium Co. reported strong Q2FY25 performance driven by improved alumina and metal pricing. The stock rating is upgraded to Reduce with a target price of Rs 201, reflecting positive near-term trends despite expected supply restoration in the future.

NALCO Reports Strong Q2 Results and Dividend Announcement - 14 Nov, 2024

National Aluminium Company Ltd (NALCO) reported a remarkable 415% profit increase for Q2 FY24, reaching ₹1,062.2 crore. The company also declared an interim dividend of ₹4 per share, boosting investor sentiment, leading to a 5% intraday share price increase.

NALCO Reports Strong Q2 Earnings and Dividend - 13 Nov, 2024

National Aluminium Company Ltd (NALCO) posted a 415% increase in net profit for Q2 FY 2024-25, driven by operational efficiency and higher aluminium prices. The board approved an interim dividend of ₹4 per share, with payment scheduled for December 11, 2024.

NALCO to Announce Dividend and Financial Results - 11 Nov, 2024

National Aluminium Company Limited (NALCO) will hold a board meeting on November 13, 2024, to announce its financial results and consider an interim dividend for FY 2024-25. The trading window is closed from October 1 to November 15, 2024.

National Aluminium Hits Record High Amid Strong Rally - 08 Nov, 2024

National Aluminium Company Ltd's stock surged to a 52-week high of ₹247.99, reflecting a 160% annual rally. The Supreme Court's ruling on mining royalties contributed to positive market sentiment.

National Aluminium Company Ltd Experiences Mixed Trading - 06 Nov, 2024

National Aluminium Company Ltd saw a decline of 1.83% in the morning but rebounded later, gaining 2.75% by afternoon, reflecting strong annual growth of 157.74%. Despite recent fluctuations, the stock remains robust over the past month.

NALCO Appoints New CMD Amid Profit Surge - 04 Nov, 2024

Sanjay Lohiya has been appointed as CMD of NALCO, pending ACC approval. The company reported a 94.65% increase in standalone net profit to Rs 1,015.83 crore for Q1 FY25, despite a slight revenue decline of 2.51%. The stock rose 0.95% to close at Rs 229.25 on November 1, 2024.

Management Change at National Aluminium Company - 02 Nov, 2024

National Aluminium Company Limited announced that Sanjay Lohiya has taken over as CMD effective November 2, 2024, after Sridhar Patra's retirement on October 31, 2024.

Sridhar Patra Retires; New CMD Appointed at Nalco - 01 Nov, 2024

Sridhar Patra has retired as Chairman-cum-Managing Director of National Aluminium Company Limited effective October 31, 2024. Brijendra Pratap Singh has been appointed as his successor, effective November 1, 2024. Patra's leadership significantly contributed to Nalco's growth during his tenure.

Analysts Bullish on Nalco's Expansion Plans - 29 Oct, 2024

Kedia Advisory and Systematix Group highlight significant growth potential for National Aluminium Company Ltd due to wind power and alumina expansion projects, with target prices set at ₹320, ₹275, and ₹270.

NALCO Postpones Results, Declares Interim Dividend - 27 Oct, 2024

NALCO has postponed its Q2 FY2024-25 results announcement and will declare a first interim dividend in its upcoming board meeting. The company reported a total dividend of Rs 734 crore for FY24 and achieved significant operational milestones. However, shares closed down over 3% at Rs 218.70.