National Aluminium Company Ltd share Price

National Aluminium Company Ltd., abbreviated as NALCO, is one of India’s largest bauxite-alumina-aluminum-power complexes. It was incorporated in 1981 with its headquarters in Bhubaneswar, Odisha. It is owned by the Ministry of Mines, Government of India. The company earned a consolidated total income of Rs 3,846.22 crore for the quarter ended June 2022. On 12 August 2022, NALCO’s market capitalisation stood at Rs 14,656 crore.  

The company’s Bombay Stock Exchange listing code is 532234, and the National Stock Exchange listing code is NATIONALUM. NALCO is India’s first public sector company to progress to the international market with its registration at the London Metal Exchange in 1989.  

National Aluminium Company Ltd. operates its Aluminium Smelter & Captive Power Plant at Angul and Panchpatmali Bauxite Mines for the pit-head Alumina refinery at Damanjodi, Koraput district. During FY 2021-2022, the company reported the highest ever sales revenue of Rs 14,181 crore and the highest ever profit after tax of Rs 2,952 crore. NALCO has regional sales offices in Mumbai, Kolkata, Delhi, and Chennai and eight operating stockyards at different locations in the country.  

On 30 June 2022, the company’s shareholding pattern showed a 51.28% promoter stake belonging to the President of India, followed by a 16.71% foreign institutional investor stake, 10.13% domestic institutional investor stake, and 21.88% public stake. The mutual fund holdings of the company increased from 8.70% to 10.11% during the same quarter.  

Mr Sridhar Patra is the company’s chairman and managing director. The other board members include Mr M P Mishra, MrRadhashyamMahapatro, Mr Satendra Singh, Mr Bijay Kumar Das, and Mr Nayan Kumar Mohanty. The auditors are G N S & Associates. 

On 12 August 2022, National Aluminium Company Ltd.’s share price on BSE closed at Rs 79.85. On NSE, it closed at Rs 79.80. The company’s 52-week high share price was Rs 132.70, and the 52-week low share price was Rs 66.95.  

As of July 2022, SBI Magnum Comma Fund had a 2.63% stake in National Aluminium Company Ltd. SBI PSU Fund had a 2.50% stake, Quant Mid Cap Fund had a 2.39% stake, and Quant Infrastructure Fund had a 1.80% stake. There are a total of 37 mutual fund schemes that have a stake in the company. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose