Time period given by analyst is 7 days 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 17539.83 Crore) operating in Metals – Non Ferrous sector.
National Aluminium Company Ltd. key Products/Revenue Segments include Aluminium, Alumina, Wind Power, Other Operating Revenue for the year ending 31-Mar-2020.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2506.29 Crore, down -12.81 % from last quarter Total Income of Rs 2874.47 Crore and up 77.26 % from last year same quarter Total Income of Rs 1413.92 Crore. Company reported net profit after tax of Rs 347.73 Crore in latest quarter.
Investment Rationale
Going ahead the brokerage expects the stock to continue with its positive momentum and head towards its 52 weeks high of Rs 102 levels in the coming week
Promoter/FII Holdings
Promoters held 51.3 per cent stake in the company as of March 31, 2021, while FIIs held 11.3 per cent, DIIs 14.2 per cent and public and others 23 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
