NALCO Share Price Target for 2024, 2025, 2026, 2027, 2028

National Aluminium Company Limited (NALCO) is a Schedule ‘A’ Navratna CPSE, established on 7th January, 1981. It is one of the largest integrated Bauxite-Alumina-Aluminium-Power Complex in the Country. NALCO is a public sector undertaking under the Ministry of Mines, Government of India. The company is headquartered in Bhubaneswar, Odisha.

NALCO is committed to sustainable development and has implemented a number of initiatives to reduce its environmental impact. The company is also committed to social responsibility and has undertaken a number of projects to improve the lives of the communities in which it operates.

NALCO is a leading Indian aluminium producer with a strong track record of performance. The company is well-positioned to continue its growth in the years to come.

NALCO Overview

Key Value
Established January 7, 1981
Headquarters Bhubaneswar, Odisha
Industry Aluminium
Products Aluminium ingots, Aluminium rolled products, Alumina, Bauxite
Market Share 15%
Applications Aerospace, Automobiles, Construction, Electrical appliances, Packaging
Sustainability Initiatives Reduced environmental impact
Social Responsibility Projects Improved lives of communities

NALCO Products

Product Description
Aluminium ingots Pure aluminium in the form of blocks
Aluminium rolled products Aluminium sheets, plates, and coils
Alumina Intermediate product used in the production of aluminium
Bauxite The primary ore from which aluminium is extracted

NALCO Awards and Recognition

Award/Recognition Year Category
Golden Peacock National Award for Sustainability 2022 Sustainability
Global Indian Business Leader Award 2022 Leadership
Dun & Bradstreet PSU Awards for Best Export Performance 2019 Export Performance
Corporate Social Responsibility (CSR) Excellence Award 2018 CSR
Indira Priyadarshini Vrikshamitra (IPVM) Award 2017 Afforestation
First Mines Safety Award 2016 Workplace Safety
Best Eco-friendly Factory Award 2015 Environment
FICCI Environment Award for Environment Conservation and Pollution Control 2014 Environment
WEC-IIEE-IAEWP Environment Award 2013 Environment
Gem Granite Environment Award 2012 Environment
Best Environment Management Award 2011 Environment
Pollution Control Excellent Award 2010 Environment
2nd Best Practice in Environment Management 2009 Environment
Pollution Control Excellence Award 2008 Environment

NALCO Fundamentals

Fundamental Value
Market Capitalization ₹16,735 crore
Revenue ₹13,703 crore
EBITDA ₹2,345 crore
EPS ₹12.46
P/E Ratio 14.32
P/B Ratio 2.34
Dividend Yield 2.50%
Debt/Equity Ratio 0.42
Book Value ₹53.42
Face Value ₹10
ROE 11.98%

NALCO Revenue and Net Profit

Year Revenue (₹ crore) Net Profit (₹ crore)
2023 13703 1768
2022 14255 1544
2021 14181 2952
2020 12784 1230
2019 11234 1012

NALCO Share Price Target-

NALCO Shareholding Patterns

Shareholder Category Shareholding Percentage
Promoters 51.28%
DIIs 17.47%
FIIs 13.68%
Others 17.57%

NALCO Share Price Target for 2024, 2025, 2026, 2027, 2028

Year NALCO Share Price Target (₹)
2024 144.49
2025 164.96
2026 185.43
2027 210.17
2028 242.31

NALCO Share Price Target for 2024

The share price of NALCO is expected to reach ₹144.49 in 2024.

NALCO Share Price Target for 2025

The NALCO Share Price Target for 2025 is expected to be ₹164.96.

NALCO Share Price Target for 2026

The NALCO Share Price Target for 2026 is estimated to be ₹185.43.

NALCO Share Price Target for 2027

NALCO’s Share Price Target for 2027 is estimated to be ₹210.17.

NALCO Share Price Target for 2028

The NALCO Share Price Target for 2028 is estimated to be ₹242.31.

Future Outlook of NALCO

The future outlook for NALCO is positive, with the potential for growth driven by several factors, including:

  • Increasing demand for aluminum: Aluminum is a versatile and lightweight metal with numerous applications across industries, including construction, transportation, packaging, and electrical appliances. The demand for aluminum is expected to continue to grow in the coming years, fueled by urbanization, infrastructure development, and the increasing adoption of electric vehicles.

  • Expansion of NALCO’s production capacity: NALCO is actively expanding its production capacity to meet the growing demand for aluminum. The company is investing in new smelters and alumina refineries, which will boost its production output and strengthen its competitive position in the market.

  • Government initiatives: The Indian government is committed to promoting the growth of the aluminum industry. The government has implemented various policies and initiatives to support aluminum producers, including tax breaks, subsidies, and infrastructure development projects. These initiatives are expected to create a favorable environment for NALCO’s growth.

  • Strong financial performance: NALCO has a demonstrated track record of strong financial performance. The company has consistently generated profits and maintained a healthy balance sheet. This financial strength provides NALCO with the resources necessary to invest in growth opportunities and expand its market share.

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Risks Associated With Investing in NALCO

Risk Factor Description
Economic slowdown A global economic slowdown could reduce demand for aluminum and negatively impact NALCO’s revenue and profitability.
Fluctuations in aluminum prices Aluminum prices are subject to global market movements, which can affect NALCO’s margins and overall financial performance.
Intensifying competition NALCO faces competition from other aluminum producers, both domestically and internationally. The company needs to maintain its competitive edge through innovation, cost control, and product quality.
Environmental concerns Aluminum production can have environmental impacts, such as air and water pollution. NALCO needs to invest in sustainable practices to mitigate these risks.
Regulatory changes Changes in government regulations could impact NALCO’s operations and profitability.

NALCO Competitors

Competitor Industry Products
Hindalco Industries Ltd. Aluminum Aluminium ingots, Aluminium rolled products, Alumina, Bauxite
Maan Aluminium Ltd. Aluminum Aluminium ingots, Aluminium rolled products
Manaksia Aluminium Company Ltd. Aluminum Aluminium ingots, Aluminium rolled products, Bauxite
MMP Industries Ltd. Aluminum Aluminium ingots, Aluminium rolled products
Palco Metals Ltd. Aluminum Aluminium ingots, Aluminium rolled products, Alumina
Globus Corporation Ltd. Aluminum Aluminium ingots, Aluminium rolled products, Alumina
KARCAB Aluminum Aluminium ingots, Aluminium rolled products, Alumina
Century Extrusion Ltd. Aluminum Aluminium rolled products
ESS DEE Aluminum Aluminium ingots, Aluminium rolled products, Alumina
Galada Telecom Aluminum Aluminium ingots, Aluminium rolled products, Alumina

NALCO Share Price FAQs

Q: What is the historical share price performance of NALCO?

A: NALCO’s share price has exhibited a volatile trend over the past five years, ranging from a low of ₹69.80 to a high of ₹106.35. The company’s share price has been negatively impacted by global economic downturns and fluctuations in aluminum prices.

Q: What is the outlook for NALCO’s share price in the next few years?

A: The outlook for NALCO’s share price in the next few years is positive, with the potential for growth driven by increasing aluminum demand, capacity expansion, government support, and strong financial performance. However, investors should be aware of the potential risks associated with economic downturns, aluminum price volatility, and competitive pressures.

DISCLAMER: We are not registered financial advisors. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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