NALCO Share Price Target 2024, 2025, 2027, 2030

If you think about which share will be best for investment in recent times then you should know about NALCO Share Price Target. Today in our blog we will explain the basic idea about NALCO Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

NALCO Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to give a clear knowledge of NALCO Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at NALCO Share Price Target 2024 to 2030.

What Is National Aluminium Company Ltd (NALCO)?

NALCO is an Indian Public Sector with integrated and diversified mining, metal, and power operations. The headquarters of the company is situated in Bhubaneswar. The company is one of the largest integrated bauxite-alumina-aluminium-power complexes in the country. The company’s main functions are bauxite mining, alumina refining, power generation, aluminium smelting, and rail & port operation.

Overview of NALCO

NALCO Company is one of the lowest-cost producers of bauxite in the world. As Nalco company exported its products outside of India according to a report analysis the export earnings amount was 42% within the sales turnover ratio for 2018-19. As of June 2019, the total number of employees of the company is 6496. The company was established in the year 1981, 7th January. The company also status as ‘Navratna’ status.

In recent times, the government of India holds 50.89% of the company’s equity capital. As a green energy source, the company comprises 198 MW Wind Power plants and 850 kWp rooftop solar power plants in different locations all over India. NALCO was the first public sector in our country to enter the International Market by registering with the London Metal Exchange in May 1989. For exporting products outside of the country the company has its bulk shipment facility and sales offices in Delhi, Kolkata, Chennai, and 7 other locations in India.

Financial Data Analysis Of National Aluminium Company Limited

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. NALCO Share Price Target also depended upon the ratio which is described below.

NALCO Share Price In NSE

NALCO Share is under the Indian Stock Exchange such as NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The NSE Sine is NATIONALUM. The company was enlisted under NSE in the year 1999. The latest NSE price is ₹199.84 (as of 16.07.2024).

NALCO Share Price In BSE

NALCO Share is under the Indian Stock Exchange such as NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The BSE code is 532234. The company was enlisted under BSE in the year 1992. The latest BSE Price is ₹199.70 (as of 16.07.2024).

Also Read- Tata Steel Share Price Target

NALCO Share Price Target History From The Year 2024 to 2030

NALCO Share is a bullish trend in the share market. The last 6 month’s share growth was +60.60 (43.63%), the last 1 year’s share growth was +106.30 (114.06%), the last 5 year’s share growth was +153.75 (336.07%), and the maximum share growth was +193.22 (3,076.75%). NALCO Share always gives good returns to investors if anyone wants to invest in the share it will be profitable on a long-term basis.

NALCO Share Price return amount was 9.23% in the last 3 months, the last 1 year’s share return was 123.79%, the last 3 years’ share return amount was 126.32%, and the last 5 year’s share return amount was 325.19%. Let’s look at NALCO Share Price Target from 2024 to 2030.

NALCO Share Price Target 2024

The NALCO Company has an open-cost Mine in Orisha Panchpatmail Mines which is a bauxite mine. This Mine is an eco-friendly mine and the mine supplies raw materials to Alumina Refinery at Damanjodi. Bauxite manufacturing capacity was 75,11,078 MT in the year 2021-22 and it became 74,65,456 MT in the year 2022-23. The company has Alumina Refinery for the production of Alumina, in present time the company has a production capacity of alumina refinery 2.278 million tonnes per annum.

In this refinery, alumina is produced which is used in the production of primary aluminium Smelter. The total exported alumina was 1,155,891 MT in the financial year 2022, and March which became 1,83,456 MT in the year 2023. Domestic aluminium was 324,898 MT in the year 2022 which became 425,125 MT in the year 2023.

Nalco Company breaks a profit output in the financial year 2021-2022. The net profit amount of the company jumped by 226% all over the financial year 2021-2022. Last 5 years the company’s profit was 2.56% which jumped to 124.12% in the last 3 years. The net profit amount was ₹137.12 Crore in the year 2020 which became ₹2956.23 Crore in the year 2022. If we look at the share price forecast of NALCO Share Price Target 2024 the 1st Price Target is ₹160 and the 2nd Price Target is ₹330.

NALCO Share Price Target 2025

NALCO Company’s smelter plant is situated in Odisha. In the smelter plant, the company has 240 electrolytic pot cells for the casting of sows, billets, wire rods, etc. The smelter plant produces sheets and coils from 50,000 tpa rolled products. For power-supplying purposes in the smelter, the company established a captive power plant with a capacity of 1,200 MW. The plant also sells surplus power to the State Grid. The cost of the raw materials consumed amount of NALCO company was ₹1,891 Crore in the year 2021-22 and the amount was ₹3,456 Crore in the year 2022-23.

The net sales amount of the company increasing the last 5 year’s sales growth was 8.56% and it became 19.12% in the last 3 years. The sales amount was ₹8,984.80 Crore in 2021, March which became ₹14,312.56 Crore in 2022, March. The tax amount was ₹415.26 Crore in the year 2023. If we look at the share price forecast of NALCO Share Price Target 2025 the 1st Price Target is ₹410 and the 2nd Price Target is ₹630.

NALCO Share Price Traget 2027

The main products of the company are Calcined Alumina, Alumina Hydrate, detergent-grade zeolite, Aluminium Metal (CG, EC & LME grades), Wire Rods, Billets, Sow Ingots, T-Ingots, Cast Strip, Flat Rolled Products (coils & sheets), and some newly launched products are Mechanized Sow, High-Speed Alloy Billets etc. Alumina Hydrate production capacity was 2124 MT in the year 2021-22, the amount became 2126 MT in the year 2022-23. Aluminium Metal’s global demand was 69.23 Million MT for the year 2023 and the global supply amount was 70.12 Million MT in the year 2023. The total Alumina Sales amount was 1233 MT (Per annum) in 2021-22 and in 2022-23 the amount became 1246 MT (Per annum).

The net revenue from the operation of NALCO was ₹14,185.23 Crore in the year 2022 which became ₹14,175.56 Crore in the year 2023 which is a little bit decrease. The total revenue of the company was ₹14,475.56 Crore in the year 2022, March which became ₹14,490.23 Crore in the year 2023. The total expenses amount was ₹10,556.23 Crore in the year 2022 which became ₹12,256.23 Crore in the year 2023, March. If we look at the share price forecast of NALCO Share Price Target 2027 the 1st Price Target is ₹1010 and the 2nd Price Target is ₹1320.

Also Read- Hindalco Share Price Target

NALCO Share Price Target 2030

NALCO Company has Wind and solar power plants to supply electricity. Wind Power plant is situated in Andhra Pradesh (50.5 MW), Rajasthan (47.7 MW). The company also uses available rooftop space in the township, research center, and training center as solar power plants with a capacity of 320 KWP. In the future, the company has plans to expand the production capacity of Solar and Wind Power plants to 120 MW. For production purposes, the consumed raw materials cost was ₹1985 Crore in the year 2021-22 which became ₹3256 Crore in 2022-23. Power & fuel expenses amount was ₹3,425 Crore in 2021-22, which became ₹4,725 Crore in 2022-23.

As the company has a good market review and the company is a very old company the promoter holding capacity of the company is good which is 52.23% which is a very good side for the company. The company is expanding its business outside of the country the FII investors of the company are 12% to 13% and it is increasing rapidly.

The total income was ₹3398 Crore in the quarter three result of the financial year 2024 which was ₹3358 Crore in the quarter three result of the financial year 2023. All the share price prediction depends upon the company’s overall growth, the financial condition of the company, and the overall company’s performance. Being a metal manufacturing company the company will grow more in the future. If anyone wants to invest in the share it will be profitable. If we look at the share price forecast of NALCO Share Price Target 2030 the 1st Price Target is ₹2020 and the 2nd Price Target is ₹2260.

How To Purchase NALCO Share?

The most common trading platform for purchasing the NALCO Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of NALCO Company

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

Investors Types And Ratio Of NALCO Company

There are mainly four Types of Investors in NALCO Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. NALCO Company’s promoter holding capacity is 52.12%.

Public Holding

Public Investors are individuals who invest in the public market for profit in the future (large and small companies). NALCO Company’s public holding capacity is 17.99%.

FII (Foreign Institutional Investors)

Foreign Institutional Investors are those big companies that invest in different countries company. NALCO Company’s FII is 12.56%.

DII (Domestic Institutional Investors)

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. NALCO Company’s DII is 17.33%.

Advantages and Disadvantages Of NALCO Share

Every share has some advantages and some disadvantages also. So, the NALCO Share Price Target also has some advantages and disadvantages described below.

Advantages

• The last 3 years’ profit growth of the company was good which is 124.12% which is a very positive part of the company’s growth.
• The last 3 year’s revenue growth of the company is good which is 18.12%.
• The company has a small amount of debt and the interest cover ratio of the company is 108.69 which means the company will be able to be debt-free at any time.
• The company has an efficient cash conversation cycle which is -110.89 days which is good for the company’s growth.
• The book value amount per share has improved in the last 2 years.
• The growth of the company is shown in net profit with increasing profit margin.

Disadvantages

The net cash flow amount of the company is declining company is not able to generate net cash flow amount for production purposes.

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FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the NALCO Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, NALCO Share Price Target may reach a very high position. NALCO Company is related to the manufacturing of the metal manufacturing sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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