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National Aluminium Company (BOM:532234) |
The Hindu Business Line
Apr 2
Comment
National Aluminium Company Ltd (Nalco) today reported record sales of over Rs 7,200 crore and foreign exchange earnings of Rs 3,400 crore for 2012-13 fiscal.According to the company site, i...
The Economic Times
Mar 15
Comment
The offer-for-sale, or OFS, of National Aluminium Company (Nalco), held on Friday, received a tepid response from investors.
The Hindu Business Line
Mar 15
Comment
The offer-for-sale by the Government in National Aluminium Company (Nalco) received bids for 43 per cent till 11.25 a.m. on the BSE. The offer is for 12.89 crore shares of face value of...
The Hindu Business Line
Mar 14
Comment
The Empowered Group of Ministers (EGoM), headed by Finance Minister P. Chidambaram, has fixed the floor price at Rs 40 a share for the Nalco (National Aluminium Company) disinvestment of 10 per ce...
Reuters
Feb 22
Comment
REUTERS - The government plans to divest some of its stake in four more state companies including Steel Authority of India Ltd and National Aluminium Company Ltd by the end of next month, a junior finance minister said on Friday.
The Times of India
Feb 17
Comment
State-owned National Aluminium Company Ltd has increased prices of all its products by Rs 5,000 per tonne, a senior company official said on Sunday.
The Hindu Business Line
Dec 18
Comment
National Aluminium Company Ltd (Nalco) said on Tuesday that it has resumed mine operations after a month. On Monday, it received temporary work permit for its Panchpatmali bauxite mines...
The Hindu Business Line
Dec 8
Comment
The Environment Bench of the Supreme Court has condoned National Aluminium Company Ltd’s fault in its mine lease renewal proceedings. The Bench had heard Nalco’s plea on Friday and waive...
The Economic Times
Oct 26
Comment
National Aluminium Company Ltd, slipped over 4 per cent in trade to hits its 52-week low of Rs 45.40 on Friday after the aluminium giant reported a 96.5 per cent drop in its net profit.
The Economic Times
Aug 30
Comment
Anshuman Das, who is currently Director (Commercial) of Nalco, has been given additional charge of Chairman and Managing Director of the state-owned aluminium maker.
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Overview
National Aluminium Company, a public sector unit, is Asia's largest integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations. [1]
Competition
- Hindalco Industries - Hindalco Industries, has a consolidated revenue of Rs.600,130 million (US$ 15 billion), EBITDA of Rs. 72,910 million (US$ 1.8 billion) for 2007-08. Of these over Rs 470,000 million (US$ 12 billion) came from Aluminium business while copper accounted for Rs 123,400 million (US$ 3 billion). It has become world's largest aluminium rolling company with the acquisition of Novelis and is a major producer of primary aluminium in Asia. Its copper smelter is the world's largest custom smelter at a single location..[2]
References
- ↑ National Aluminium Company website
- ↑ Hindalco Annual report 2007-08
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