TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
National Aluminium Co. Ltd. ( (IN:NATIONALUM) ) has shared an announcement.
NALCO held its 44th Annual General Meeting, where CMD Brijendra Pratap Singh highlighted the company’s record-breaking performance in FY 2024-25 and its strategic focus on innovation, technology adoption, and clean energy to meet growing aluminium demand. With domestic aluminium demand projected to grow at a CAGR of 7.6% until 2030, driven by electric vehicles, infrastructure development, and renewable energy, NALCO aims to leverage these opportunities through sustainable growth and strategic planning. The shareholders approved a final dividend, contributing to a total payout of Rs.1928.46 crores for FY 2024-25.
More about National Aluminium Co. Ltd.
National Aluminium Company Limited (NALCO) is a Navratna Central Public Sector Enterprise under the Ministry of Mines, Government of India. It operates in the aluminium industry, focusing on the production and supply of aluminium products. The company plays a significant role in India’s economic development and is committed to operational efficiency, transparency, and global competitiveness.
Average Trading Volume: 378,463
Technical Sentiment Signal: Strong Buy
Current Market Cap: 378.3B INR
See more data about NATIONALUM stock on TipRanks’ Stock Analysis page.