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National Aluminium Company Closure of Trading Window
| AnnouncementIntimation regarding closure of Trading Window.
Steady costs and firm domestic demand supported corporate performance in the March quarter.
Equity indices hit record levels on Thursday after lower-than-expected inflation hints at RBI interest rate cut. L&T Finance, Ambuja Cement, Vodafone Idea, Puravankara, NITCO, Wipro, Nalco, Suven Pharma, and MosChip Technology make significant moves. Adani Group-owned Ambuja Cement acquires Penna Cement at Rs 10,422 crore. Morgan Stanley buys 3.13 crore equity shares in L&T Finance.
National Aluminium Company Execution Of Pottangi Bauxite Mining Lease Deed With The State Government Of Odisha.
| AnnouncementExecution of Pottangi Bauxite Mining Lease deed with the State Government of Odisha over an area of 697.979 hectares.
National Aluminium Company Announcement under Regulation 30 (LODR)-Resignation of Director
| AnnouncementResignation of Shri George Kurian as Independent Director on the Board of NALCO.
National Aluminium Company Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
| AnnouncementIntimation about Investor meet on 14th June, 2024.
Every now and then the market goes through phases, where it prefers a certain set of stocks, not based on sector but based on the overall market cap. So, sometimes it is large caps, at other mid-caps. Now this partially happens, due to the flows which are coming to markets. For example, if more flows are coming to mid-cap or multicap schemes there is bound to be out performance in the mid-cap space. Now what it does is that it tends to create a sudden surge in mid-cap. Similarly when there is an outflow like the kind of one which we saw in March this year, midcap stocks tend to decline sharply. Essentially, it is the flows which impact the broader matrix of how midcaps behave. So there are phases not owning a midcap stocks appeared to sin and then there phase, where owning them appears to be sin. But if one focuses on the underlying business and some critical parameters, there is a possibility of getting rid of these phases of anxiety which keep coming to the street and create long term wealth.
National Aluminium Company Announcement under Regulation 30 (LODR)-Change in Management
| AnnouncementIntimation regarding change in Senior Management
Given the sheer impact that the govt's policies have had on several sectors, investors have begun to categorise stocks that are direct policy plays into a new basket called Modi stocks. These stocks are related to capex and infrastructure-linked sectors, PSUs, or stocks of some corporate houses.
National Aluminium Company Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Regarding A False News About Final Dividend.
| AnnouncementDisclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Regarding a false news about final dividend.
National Aluminium Company Announcement under Regulation 30 (LODR)-Newspaper Publication
| AnnouncementAudited Financial Results (Standalone and Consolidated) for the quarter and year ended 31.03.2024.
The NSE Nifty index was trading 43.55 points up at 22976.0
The NSE Nifty index was trading 43.6 points up at 22976.05
Stocks in news: LIC, Vedanta, IRCTC, RITES, NALCO, Adani Energy Solutions, Timken, CMS Info Systems
| NewsIndia's largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended March 31, 2024, which was up by 4.5% over Rs 13,191 crore reported in the corresponding period of the last financial year. The company board has declared a final dividend of Rs 6 per share.
State-owned Nalco on Monday reported two-fold rise in consolidated profit to Rs 996.74 crore for the March quarter on the back of lower expenses. The company had posted a consolidated profit of Rs 495 crore in the March quarter of FY23, National Aluminium Company Ltd (Nalco) said in a filing to the BSE.
National Aluminium Company Compliance With Regulation 23(9) Of The SEBI (LODR) Regulations, 2015.
| AnnouncementCompliance with Regulation 23(9) of the SEBI (LODR), 2015
National Aluminium Company Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended 31.03.2024.
| AnnouncementAudit Financial Results (Standalone & Consolidated) for the quarter and year ended 31.03.2024.
236 companies, including LIC and NMDC, to announce Q4 results. LIC reported a 49% rise in Q3 earnings, while NMDC saw a 62% increase in consolidated net profit.
"We expect the market to witness a gradual up-move and see some volatility next week as both election and earning season are nearing the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Q4 results this week: Tata Steel, LIC, IRCTC, Apollo Hospitals Enterprise, and Bharat Dynamics
| EarningsSeveral companies, including Tata Steel, LIC, and IRCTC, will release their March quarter report cards this week.
National Aluminium Company Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
| AnnouncementIntimation about loss of share certificate.
Icra reported that benefits from the 38 critical mineral blocks on sale may not materialize by 2030 due to incomplete exploration. India's downstream manufacturing could face supply shocks. The government is auctioning lithium blocks in J&K and Chhattisgarh, with challenges in extracting lithium from clay deposits. Overseas acquisitions are also being considered.
Hindustan Zinc surged 20%, followed by Vedanta which gained 7.04%. Jindal Steel and Power and Hindalco moved up over 4%, while Tata Steel, JSW Steel, and Hindustan Copper rose over 3% each.
CIL, NMDC, OVL, and KABIL are collaborating to secure critical minerals overseas, focusing on lithium for EV batteries. India defines 30 critical minerals to meet energy transition goals for various sectors.
Nifty traded in the red on Wednesday breaking its two-session winning momentum in the morning trade led by selling pressure in bank and auto stocks. Around 12 pm today, the 50-stock index was trading at 22,186.25, down by 31.60 points or 0.14%.
Nifty kept pushing the pedal from start and did not give up. It managed to end with a gain.
National Aluminium Company Board Meeting Intimation for Consideration Of Audited (Standalone & Consolidated) Financial Results For The Quarter And ...
| AnnouncementNATIONAL ALUMINIUM CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2024 ,inter alia, to consider and approve Audited (Standalone & Consolidated) financial results for the quarter and year ended 31.03.2024.
National Aluminium Company Compliances-Reg.24(A)-Annual Secretarial Compliance
| AnnouncementAnnual Secretarial Compliance for the FY 2023-24.
After the IT sector companies, metal is another sector where the fortunes of Indian companies are more tied to what is happening globally rather than what is happening in India. The reason, global metal prices are decided by two things, first is the state of the Chinese economy and second is how the US dollar behaves in the global markets. On the first, there are initial indications that after close to more than two years, things are turning better. The most reliable indication came last month with better than expected GDP numbers. On the second front, there is still lots of uncertainty thanks to flip-flops by the US Fed on interest rate cuts. Now if one looks at the metal stocks, they have sort of out performed volatile Indian markets. But given the fact that these days, too much money flows into stocks where there is even a slight bit of positive development, the possibility that these stocks may turn volatile if there was more pressure on the broader market. However, when the tide turns, because the operating matrix of the companies would be better if the China recovery continues, there is a high probability of them turning into relative outperformers.
National Aluminium Company Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
| AnnouncementIntimation about loss of share certificate.
National Aluminium Company Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
| AnnouncementIntimation about loss of share certificate.
After gaining 16-25% over the last month, shares of both Hindalco Industries and National Aluminium Co tested their lifetime highs on Friday. Shares of Vedanta, the country’s largest producer of the metal, have jumped nearly 48% in a month and are at their highest level in two years.
The Nifty Metal Index has surged significantly since November, delivering 11.6% year-to-date returns. In comparison, the Nifty 50 and Nifty 500 have yielded 2.7% and 5.7%, respectively. Despite global headwinds, metal companies with stable cost structures can prove effective long-term bets amid strong domestic demand. Should you invest in metal stocks now?
National Aluminium Company Announcement under Regulation 30 (LODR)-Press Release / Media Release
| AnnouncementPress Release on "KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector".
National Aluminium Company Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
| AnnouncementIntimation about Loss of Share Certificate
"Overall we expect volatility to continue in the market in the absence of any major positive trigger, while focus will continue on stock-specific action amid the earning season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
National Aluminium Company Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
| AnnouncementFormat of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No. | Particulars | Details |
1 | Name of Company | NATIONAL ALUMINIUM CO.LTD. |
2 | CIN NO. | L27203OR1981GOI000920 |
3 | Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) | 0.00 |
4 | Highest Credit Rating during the previous FY | NA |
4a | Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4) | Not Applicable |
5 | Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework | BSE |
Designation: ED and Company Secretary
EmailId: [email protected]
Designation: Director Finance
EmailId: [email protected]
Date: 16/04/2024
Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Foreign portfolio investors turned net sellers at Rs 8,027 crore on Friday. DIIs, meanwhile, bought shares worth Rs 6,341 crore.