Support and Resistance Levels
Past performance
About National Aluminium Company Ltd National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise under India's Ministry of Mines, is a key player in the aluminium industry with integrated operations in mining, metal, and power. The Government of India holds a 51.28% stake in the company. NALCO operates a significant alumina refinery and aluminium smelter in Odisha, alongside captive bauxite and coal mines to support its operations. The company also harnesses renewable energy through wind power plants across Andhra Pradesh, Rajasthan, and Maharashtra.
Founded in 1981, NALCO has expanded its influence internationally with joint ventures and projects in countries like Indonesia and Iran. The company's diversification strategy includes ventures in caustic soda production, aluminium rail coaches, and strategic minerals acquisition under the 'Make in India' initiative. NALCO's corporate plan aims to significantly increase its smelting and refining capacities by 2032, enhancing its value addition capacities. It has achieved milestones such as full capacity utilization at its smelter plant and record bauxite production, demonstrating its growth trajectory and commitment to energy efficiency and sustainability.