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    Buy National Aluminium Company, target price Rs 90: Prabhudas Lilladher

    Synopsis

    National Aluminium Company, incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 15051.20 Crore) operating in Metals - Non Ferrous sector.

    NALCOAgencies
    Promoters held 51.28 per cent stake as of June ended quarter of FY23, while FIIs owned 16.71 per cent, DIIs 10.13 per cent.
    Prabhudas Lilladher has buy call on National Aluminium Company with a target price of Rs 90. The current market price of National Aluminium Company is Rs 81.7. Prabhudas Lilladher recommended to keep stop loss at Rs 82.

    National Aluminium Company, incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 15051.20 Crore) operating in Metals - Non Ferrous sector.

    National Aluminium Company 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 has 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 has reported net profit after tax of Rs 170.12 Crore in latest quarter.

    The company’s top management includes Mr.Sridhar Patra, Dr.(Ms.)Shatorupa, Mr.Y P Chillio, Dr.Ajay Narang, Mr.George Kurian, Dr.B R Ramakrishna, Mr.Ravi Nath Jha, Mr.Sadashiv Samantaray, Mr.Ramesh Chandra Joshi, Mr.Veena Kumari Dermal, Mr.Sanjay Ramanlal Patel, Mr.Sanjay Lohiya, Mr.Bijay Kumar Das, Mr.M P Mishra, Mr.Radhashyam Mahapatro, Mr.Dushyant Upadhyay. Company has A K Sabat & Co. as its auditors. As on 30-06-2022, the company has a total of 184 Crore shares outstanding.

    Promoter/FII Holdings
    Promoters held 51.28 per cent stake as of June ended quarter of FY23, 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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