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National Aluminium Co. Ltd. ( (IN:NATIONALUM) ) has issued an announcement.
National Aluminium Company Limited has awarded a significant MDO contract to M/s. Dilip Buildcon Limited for the development and operation of the Pottangi Bauxite Mines, including the Overland Conveyor Corridor and allied facilities. This contract, valued at Rs. 5,032 crore, spans a period of 25 years and is expected to enhance NALCO’s operational capabilities and strengthen its position in the aluminium industry. The contract’s awarding to a domestic entity underscores NALCO’s commitment to leveraging local expertise and resources.
More about National Aluminium Co. Ltd.
National Aluminium Company Limited (NALCO) is a government-owned enterprise in India, primarily engaged in the production and development of aluminium products. The company operates in the mining and metals industry, focusing on the extraction and processing of bauxite into alumina and aluminium.
Average Trading Volume: 674,850
Technical Sentiment Signal: Buy
Current Market Cap: 493B INR
For detailed information about NATIONALUM stock, go to TipRanks’ Stock Analysis page.