National Aluminium Co Ltd up by 10.01 percent | Espresso


Espresso shot of the day – National Aluminium Co Ltd up by 10.01 percent

October 04, 2021
Espresso shot of the day – National Aluminium Co Ltd up by 10.01 percent

NATIONAL ALUMINIUM CO. LTD. 105.00 (+10.01 %) BSE – INE139A01034 | 4TH OCTOBER 2021

National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on Jan 7, 1981, with its registered office at Bhubaneswar. The company is a group A CPSE, having integrated and diversified operations in mining, metal and power. From the days of first commercial operation in 1987, the company has continuously earned profits for last 34 years. Despite the global COVID-19 pandemic, NALCO has posted an impressive net turnover and net profit of Rs 8,869.29 crores and Rs 1,299.56 crores respectively in FY20 and FY21.  Presently, the Government of India holds 51.28% equity of NALCO. NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power complex in the country. The company has a 68.25 lakh TPA Bauxite Mine and 21 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha and 4.6 lakh TPA Aluminium Smelter and 1200 MW Captive Power Plant located at Angul, Odisha. NALCO has bulk shipment facilities at Vizag port for export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep Ports. The company has Registered Sales Offices in Delhi, Kolkata, Mumbai, Chennai and Bangalore and 9 operating stockyards at various locations in the country to facilitate domestic marketing. Globally, NALCO has achieved the distinction of being the lowest cost producer of Bauxite and Alumina in the world as per the latest report of Wood Mackenzie. The company rated 2nd highest net export earning CPSE in 2018-19 as per the Public Enterprise Survey report.

Recent Drivers

  • On Sept 16, 2021, NALCO’s Panchpatmali Bauxite Mine has been awarded the prestigious Pollution Control Excellence Award 2021by the State Pollution Control Board, Odisha, for effective pollution control measures and sound environment management practices.
  • On Sept 6, 2021, NALCO announced final dividend of Re 1 per share for the financial year ended Mar 31, 2021.
  • On Aug 30, 2021, NALCO reported quarterly net profit of Rs 347.48 crores in June 2021, up 1981.97% from Rs 16.69 crores in June 2020.
  • On Aug 30, 2021, NALCO reported net sales of Rs 2,474.55 crores in June 2021, up 79.23% from Rs 1,380.63 crores in June 2020.
(Sources: Moneycontrol, Livemint, Nation Aluminium Company)

Technical Force*

  • S&P BSE 200 month till date gain up by 0.71%
  • Traded on 52 week high value 106
  • Spurt in volume by more than 2.17 times compared to previous vol. | 3 months avg. volume: 32,44,585
  • Quantity traded: 48,79,298 | Deliverable quantity: 15,10,143 (30.95%)
  • Stock price has jumped more than 250% from one-year-low level: 29.15 (Oct 14, 2020)
  • Daily RSI (14) is in Oversold territory today
  • 52-week-high: 106 | 52-week-low: 29.15

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Some Key Ratios (Source: BSE)

Market Cap: 19,284.63 crores

PE: 11.83

OPM%: 24.75

ROE%: 15.27

Promoters holding%: 51.28

Prev. Close: 95.45

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.