National Aluminium Company Ltd

National Aluminium Share Price Today

National Aluminium Company Limited (NALCO) is a major Central Public Sector Enterprise (CPSE) under the Ministry of Mines, Government of India. It operates in the mining, metal, and power sectors. NALCO was incorporated in 1981 and began bauxite mining in 1985. In 1986, it built an Alumina Refinery and an aluminium smelter in Koraput. By 1988, it began exporting alumina and aluminium. In 1999, NALCO set new records in bauxite mining, alumina production, and exports. In 2001, it entered the detergent business. 

In 2003, it commissioned a 120 MW captive power plant and 120 pots of smelter with a capacity of 57,500 MT of aluminium per year. In May 2008, NALCO was offered Navratna status. In 2017, NALCO, Hindustan Copper (HCL), and Mineral Exploration Corporation (MECL) signed an MoU to build India's self-reliance in 12 strategic materials. In 2018, NALCO unveiled its Corporate Plan for 2032, providing a strategic direction for the company up to 2032. You can track the National Aluminium Company share price for more insights. Check National Aluminium share price BSE & NSE with BlinkX.

Business Segment of National Aluminium Company Limited

According to the previously mentioned strategy for 2018 to 2032, NALCO aims to achieve a profit of ₹1,693 crore and a turnover of ₹18,171 crore by 2024. By 2024, the plan is to increase the refining capacity to 3.27 million tonnes and the smelting capacity to 1.1 million tonnes. The long-term goal of the plan is for the firm to have an annual revenue of ₹31,248 crore and a profit and loss of ₹3,010 crore by 2032. You can track NALCO share price for more insights with BlinkX.

Additionally, the business plan includes:

• Caustic soda and CT Pitch are added upstream.
• Expansion downstream to foils, castings, and extrusion.
• Raising the potential for value addition in rolled and wire rod goods.
• Diversification into the commercial mining of lithium-ion batteries, conductors, and chromite and bauxite, among other materials.

NALCO's Business Overview

• Main business includes manufacturing and selling alumina, including exports.
• Operates an alumina refinery plant with a 22.75 lakh MT per annum capacity in Damanjodi, Odisha.
• Covers the entire value chain of aluminium products, including bauxite mining, refining alumina, smelting aluminium, power generation, and downstream products.
• Owns a captive thermal power plant and a captive coal mine at Angul.
• Operates four wind power plants with a capacity of 198.40 MW in Andhra Pradesh, Rajasthan, and Maharashtra.
• Produces alumina, aluminium, speciality hydrates, synthetic detergent grade Zeolite-A, and electricity.