National Aluminium Company Ltd
National Aluminium Company Limited (NALCO) is a Navratna Central Public Sector Enterprise (CPSE) under Ministry of Mines Government of India. The Company is a Group `A' CPSE having integrated and diversified operations in mining metal and power. Presently Government of India holds 51.50% stake in NALCO. The Company is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Co.
Duration = 3 Months
Target Price = 100 INR
RecommendationPrice = 75 - 80 INR
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State-owned National Aluminium Company Limited (NALCO) Saturday announced a 371 percent rise in net profit at Rs.391.48 crore for the fourth quarter of 2009-10 ended March 31.