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    Hold National Aluminium Company, target price Rs 76: ICICI Securities

    Synopsis

    National Aluminium Company Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 13609.44 Crore) operating in Metals - Non Ferrous sector.

    ​What is a buy-and-hold strategy?iStock
    Promoters held 51.28 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.71 per cent, DIIs 10.13 per cent.
    ICICI Securities has hold call on National Aluminium Company with a target price of Rs 76. The current market price of National Aluminium Company is Rs 72.6.

    National Aluminium Company Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 13609.44 Crore) operating in Metals - Non Ferrous sector.

    National Aluminium Company Ltd. key Products/Revenue Segments include Aluminium, Alumina, Export Incentives, Wind Power, Other Operating Revenue for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 3558.83 Crore, down -7.47 % from last quarter Total Income of Rs 3846.22 Crore and down -2.08 % from last year same quarter Total Income of Rs 3634.59 Crore. Company reported net profit after tax of Rs 170.12 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 51.28 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.71 per cent, DIIs 10.13 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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