Synopsis
National Aluminium Company Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 21314.11 Crore) operating in Metals – Non Ferrous sector.
AgenciesIIFL has buy call on National Aluminium Company with a target price of Rs 122. The current market price of National Aluminium Company is Rs 116.05.
Time period given by analyst is Intra Day when National Aluminium Company Ltd. price can reach defined target.
National Aluminium Company Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 21314.11 Crore) operating in Metals – Non Ferrous sector.
National Aluminium Company Ltd. key Products/Revenue Segments include Aluminium, Alumina, Other Operating Revenue, Wind Power for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3634.59 Crore, up 45.02 % from last quarter Total Income of Rs 2506.29 Crore and up 51.50 % from last year same quarter Total Income of Rs 2399.05 Crore. Company reported net profit after tax of Rs 747.70 Crore in latest quarter.
Investment Rationale
Stock has given a cup and handle breakout.
Promoter/FII Holdings
Promoters held 51.28 per cent stake in the company as of 31-Dec-2021, while FIIs owned 13.3 per cent, DIIs 10.38 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
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SynopsisNational Aluminium Company Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 21314.11 Crore) operating in Metals – Non Ferrous sector.AgenciesPromoters held 51.28 per cent stake in the company as of 31-Dec-2021, while FIIs owned 13.3 per cent, DIIs 10.38 per cent.IIFL has buy call on National Aluminium Company with a target price of Rs 122. The current market price of National Aluminium Company is Rs 116.05. Time period given by analyst is Intra Day when National Aluminium Company Ltd. price can reach defined target. National Aluminium Company Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 21314.11 Crore) operating in Metals – Non Ferrous sector. National Aluminium Company Ltd. key Products/Revenue Segments include Aluminium, Alumina, Other Operating Revenue, Wind Power for the year ending 31-Mar-2021. Financials For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3634.59 Crore, up 45.02 % from last quarter Total Income of Rs 2506.29 Crore and up 51.50 % from last year same quarter Total Income of Rs 2399.05 Crore. Company reported net profit after tax of Rs 747.70 Crore in latest quarter. Investment RationaleStock has given a cup and handle breakout. Promoter/FII Holdings Promoters held 51.28 per cent stake in the company as of 31-Dec-2021, while FIIs owned 13.3 per cent, DIIs 10.38 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News….morelessPick the best stocks for yourself Powered by 3 mins read4 mins read7 mins read4 mins read4 mins read4 mins read3 mins read4 mins read