INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on National Aluminium Company Ltd
with a target price of Rs 76.5
The current market price of National Aluminium Company Ltd
is Rs 71.5 Time period given by the analyst is Intra Day when National Aluminium Company Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 69
National Aluminium Company Ltd., incorporated in the year 1981, is a midcap company with a market cap of Rs 13820.44 crore.
National
key Products/Revenue Segments include Aluminium which contributed Rs 5272.19 Crore to Sales Value (65.49 % of Total Sales), Alumina which
contributed Rs 2584.25 Crore to Sales Value (32.10 % of Total Sales), Wind Power which contributed Rs 71.80 Crore to Sales Value (0.89 % of
Total Sales), Export Incentives which contributed Rs 69.23 Crore to Sales Value (0.85 % of Total Sales), Other Operating Revenue which
contributed Rs 47.80 Crore to Sales Value (0.59 % of Total Sales), Thermal Power which contributed Rs 4.75 Crore to Sales Value (0.05 % of
Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-06-2018, the company has reported a Standalone sales of Rs 2973.31 Crore, up 3.85 % from last quarter Sales of Rs
2863.16 Crore and up 64.94 % from last year same quarter Sales of Rs 1802.69 Crore Company has reported net profit after tax of Rs 687.05
Mr.Dipankar Mahanta, Mr.K C Samal, Mr.Kiran Ghai Sinha, Mr.Maheswar Sahu, Mr.Nagendra Nath Sharma, Mr.Pradip Kumar Mishra, Mr.Pravat Keshari
Nayak, Mr.S Sankararaman, Mr.Sanjib Kumar Roy, Mr.Subhash Chandra, Mr.V Balasubramanyam, Prof.Damodar Acharya
Company has Guha Nandi Co
as its auditoRs As on 30-06-2018, the company has a total of 1,932,928,884 shares outstanding.
