Introduction

When considering an investment in shares, NALCO (National Aluminium Company Ltd) stands out as a noteworthy option. This article offers an in-depth analysis of NALCO’s share price targets for the years 2024, 2025, 2027, and 2030. Utilizing research and expert advice, we delve into the company’s growth trajectory, performance metrics, and future projections.

What Is National Aluminium Company Ltd (NALCO)?

NALCO is an Indian public sector enterprise with integrated and diversified operations in mining, metal, and power sectors. Headquartered in Bhubaneswar, NALCO is one of the largest integrated bauxite-alumina-aluminium-power complexes in the country. The company’s main activities include bauxite mining, alumina refining, power generation, aluminium smelting, and rail & port operations.

Overview of NALCO

NALCO is known for being one of the lowest-cost producers of bauxite globally. With significant export earnings contributing to 42% of its sales turnover in 2018-19, NALCO plays a crucial role in India’s metal industry. As of June 2019, the company employed 6,496 people and held ‘Navratna’ status.

The Indian government holds 50.89% of NALCO’s equity capital. The company has diversified into green energy with 198 MW wind power plants and 850 kWp rooftop solar power plants.

Financial Data Analysis of NALCO

Investors evaluate NALCO’s financial performance by considering metrics like the PE ratio, return on assets (ROA), current ratio, and return on equity (ROE).

NALCO Share Price in NSE

NALCO is listed on the National Stock Exchange (NSE) under the symbol NATIONALUM. As of June 3, 2024, the share price was ₹195.15, reflecting a growth of +3.95 (2.06%).

NALCO Share Price in BSE

NALCO is also listed on the Bombay Stock Exchange (BSE) under the code 532234. On June 3, 2024, the share price was ₹195.50, with a growth of +3.50 (2.01%).

NALCO Share Price Target History (2024-2030)

Historically, NALCO shares have shown a bullish trend with significant growth over various timeframes:

• Last 6 months: +100.25 (103.30%)
• Last 1 year: +113.35 (135.24%)
• Last 5 years: +147.85 (300.41%)
• Maximum growth: +190.92 (3,035.94%)

NALCO Share Price Target 2024

For 2024, NALCO’s share price targets are based on its robust financial performance and operational growth. The company’s bauxite mine and alumina refinery are significant contributors to its profitability.

NALCO Share Price Target 2025

In 2025, NALCO’s share price is expected to rise further, supported by its smelter plant operations and increasing net sales.

NALCO Share Price Target 2027

By 2027, NALCO’s diverse product portfolio and increased global demand for aluminium are projected to drive its share price higher.

NALCO Share Price Target 2030

Looking towards 2030, NALCO’s expansion in wind and solar power production and a stable promoter holding ratio of 52.23% indicate strong future growth.

How to Purchase NALCO Share?

You can purchase NALCO shares through various trading platforms such as:

• Zerodha
• Upstox
• Groww
• Angelone

Peers of NALCO

NALCO’s competitors include:

• Arfin India
• Bothra Metals
• Century Extr
• ESS DEE
• Galada Telecom

Investor Types and Ratios

Promoters Holding

Promoters hold 52.12% of NALCO’s capital, indicating significant ownership by the company’s founders.

Public Holding

Public investors hold 17.99% of NALCO’s shares.

Foreign Institutional Investors (FII)

FII hold between 12% and 13% of NALCO’s shares, reflecting strong international interest.

Domestic Institutional Investors (DII)

DII hold 17.33% of NALCO’s shares, showing substantial domestic institutional investment.

Advantages and Disadvantages of NALCO Share

Advantages

• Strong profit growth (124.12% over the last 3 years).
• Revenue growth (18.12% over the last 3 years).
• Low debt with a high interest cover ratio (108.69).
• Efficient cash conversion cycle (-110.89 days).
• Improved book value per share.
• Increasing net profit margins.

Disadvantages

• Declining net cash flow, indicating potential liquidity issues.

Also Read: Apollo Tyres Share Price Target: 2024, 2025, 2027, 2030, 2040

FAQ

Conclusion

National Aluminium Company Ltd (NALCO) presents a promising opportunity for investors seeking long-term growth. With its integrated operations in bauxite mining, alumina refining, aluminium smelting, power generation, and rail & port operations, NALCO stands out as a key player in the aluminium industry. The company’s strong financial performance, diverse product range, and strategic investments in renewable energy sources further enhance its attractiveness.

Based on expert analysis, the share price targets for NALCO from 2024 to 2030 indicate substantial growth potential. The projected targets reflect confidence in the company’s ability to maintain and improve its market position, driven by efficient operations and robust demand for aluminium products. The bullish trend observed in recent years suggests that NALCO is well-positioned to continue delivering significant returns to its investors.

Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. The stock market carries inherent risks, and it is crucial to perform your own research or consult with a certified financial advisor before making any investment decisions.