If current spot prices for aluminium, zinc and silver hold through FY27, Emkay estimates Vedanta and Nalco to see Ebitda upgrades of about 5.5 per cent and 4.9 per cent
State-owned National Aluminium Company Ltd (Nalco) on Friday reported a 36.7 per cent rise in consolidated profit to Rs 1,429.94 crore in the quarter ended September 30, 2025. The company had posted a consolidated profit of Rs 1,045.97 crore in the year-ago period. The consolidated revenue from operations during the July-September period rose to Rs 4,292.34 crore against Rs 4,001.48 crore in the year-ago period. Nalco has lined up an investment of Rs 30,000 crore to set up a new aluminium smelter and a coal-based power plant over the next five years. Of this, Rs 18,000 crore has been earmarked for the smelter and Rs 12,000 crore will be spent on the thermal power plant. Nalco also plans to be a Maharatna firm in another five years. Nalco, a 'Navratna' company, is one of the country's largest bauxite, alumina, aluminium and power complex. Currently, the government owns 51.28 per cent stake in the PSU.
Nalco share price today: YES Securities values the company at 6x H1FY28E EV/Ebitda and arrives at a target price of ₹247
The state-run aluminium producer plans to allocate about ₹18,000 crore for establishing the proposed smelter in Odisha, Chairman Singh added
Stocks to Watch today, August 8, 2025: Titan, BSE, LIC, Godrej Consumer Products, and Biocon are some of the key stocks to watch today
Nalco' board of directors also approved a final dividend of ₹2.5 per share for FY25
Nalco denies media reports suggesting its ₹30,000-crore smelter capex has been deferred due to stalled talks with Rio Tinto; says project and partner discussions are ongoing
Nalco shares surged after the company reported its highest-ever net profit and revenue from operations since inception in FY25.
Of the 15 stocks in the Nifty Metal Index, five stocks, including Hindustan Copper, Nalco, Hindalco, JSL, and NMDC, hit fresh 52-week lows
A parliamentary panel has criticised state-owned Nalco for spending less than 50 per cent of the targeted capex of Rs 2,000 crore in the first 10 months of 2024-25. "Against the targeted capex of Rs 2,000 crore by Nalco for the year 2024-25, the end of January 2025, the capex stood at Rs 879 crore, i.e. less than 50 per cent of the targeted amount. "The committee would like to be apprised of the slow pace of capex in the first 10 months of the year...," the Standing Committee on Coal, Mines and Steel has said report submitted to Parliament. It further said the company is neither availing nor proposes to avail any budgetary support from the Centre. The plan outlay is being managed entirely through internal resources only. The company has achieved its targeted expenditure in 2020-21, 2022-23, and 2023-24. "In FY 21-22 there was only marginal shortfall and achievement was 99.2 per cent of its targeted capex. In FY 19-20, the company achieved 93.2 per cent of targeted capex," it ...
State-owned National Aluminium Company Ltd (NALCO) on Monday reported an over three-fold jump in its consolidated net profit at Rs 1,566.32 crore in the December 2024 quarter, on account of higher income. It had posted a net profit of Rs 470.61 crore during the October-December period of 2023-24, the company said in a regulatory filing. The company's total income increased 40 per cent to Rs 4,761.31 crore against Rs 3,397.87 crore in the year-ago period. NALCO trimmed its expenses to Rs 2,639.41 crore compared to Rs 2,729.66 crore in the corresponding period a year ago. The board of the company also approved payment of second interim dividend of Rs 4 per share, 80 per cent on a face value of Rs 5 each, on the paid-up equity share capital of Rs 918.32 crore for financial year 2024-25. The company has fixed February 14, 2025, as the record date for payment of the dividend. Under the Ministry of Mines, NALCO is the country's leading manufacturer and exporter of alumina and aluminium
Shares of state owned aluminium company National Aluminum slumped 2.26 per cent at Rs 244.25 a piece on the BSE in the intraday trade of Wednesday
Here is the complete list of stocks that will trade ex-dividend next week, along with key details of their dividend announcements
The development is likely to curtail China's aluminium exports, thereby tightening global supply and driving up prices, ICICI Securities said
Nalco reported its Q2 results on Wednesday, after market hours. The company's consolidated profit rose more than five-fold to Rs 1,045.97 as compared to Rs 187.35 crore a year ago
Stocks to watch, Nov 14: Here are few stocks that will be in limelight for today's session
State-owned Nalco on Wednesday said its consolidated profit rose more than five-fold to Rs 1,045.97 crore in the quarter ended September 2024 on the back of higher revenue from operations. The company had posted a consolidated profit of Rs 187.35 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in a stock exchange filing. The consolidated revenue from operations in the latest July-September period rose to Rs 4,001.48 crore from Rs 3,043.83 crore recorded in the year-ago period, the filing said. The company's board has approved an interim dividend of Rs 4 per share for the current financial year. Nalco is a 'Navratna' company. Currently, the central government owns 51.28 per cent of Nalco's equity capital. The company has been operating its captive Panchpatmali Bauxite Mines for the pit head alumina refinery at Damanjodi in the District of Koraput in Odisha and aluminium smelter and captive power plant at Angul.
Kotak Institutional Equities believes that Nalco is best placed to benefit from the ongoing supply tightness in the alumina market
Metal stock surged after China lowered the mortgage rate. At around 9:28 AM, Nifty Metal was up 1.23 per cent at 10,188.3
State-owned Nalco on Monday reported a 76.3 per cent rise in consolidated profit at Rs 588.42 crore in the quarter ended June 2024. The company had posted a consolidated profit of Rs 333.76 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in an exchange filing. However, the consolidated income of the company during April-June period declined to Rs 2,916.62 crore from Rs 3,226.88 crore in the year-ago period, the filing said. The board has recommended final dividend of Rs 2 per share for 2023-24, subject to the approval of shareholders in the ensuing annual general meeting. "The final dividend...if approved...will be paid within a period of 30 days from the date of declaration," it said. Nalco, a 'Navratna' company, is one of the country's largest bauxite, alumina, aluminium and power complex. The government owns 51.28 per cent of Nalco's equity capital. The company has been operating its captive Panchpatmali bauxite mines for the pit head alumina refinery