Nalco share price target 2024, NELCO share price target 2025, NALCO share price target Motilal Oswal, NELCO share price target 2030,
The fundamentals of any company should be considered good to choose any stock. Today we shall discuss about National Aluminium Company Limited (NALCO Ltd) and analyze the stock of this company what target price this stock can be seen in the coming time during the year 2024, 2025, 2026. It was established in 1981.
It is a Navratna company Head quarter of NALCO Ltd is at Bhubaneshwar Orissa. This company is owned by Govt. of India. It is a public sector undertaking company. Business model of the company is very strong as it is a government enterprise. Shridhar Patra is the Chairman and MD of NALCO Ltd. NALCO currently has more than 51% equity capital, the market cap of this company it is 14,215.53 crores.
Nalco Share Price Target 2024, 2025, 2026, 2030
Based on marketcap, the top aluminium companies in India are HINDALCO at number 1 and then comes NALCO at the second position. We can say it is a mid cap company, considering the market cap. The company is strong with its financial condition. The company is related to the production of aluminum, alumina, and other related products.
It is Asia’s biggest unified aluminum complicated, encompassing bauxite mining, alumina refining, aluminum smelting and casting, power generation, rail, and port operations. If we look at the history of the company, it is continuously increasing its production of Aluminum, sales figures of the company are also increasing, the company has given very good returns. The company has a debt of 46 crores and and cash of about Rs 1,749.78,hence, the company should be considered almost debt-free because the company has more cash reserve than debt.
We shall analyse how this company can give us returns. The shares of NALCO Ltd are now available at a cheap price. Aluminum demand will rise as the industries develop, which is good news for NALCO and will eventually have a beneficial effect on share price targets for the company. National Aluminium stock price as been showing a rising tendency.
Nalco share price target 2024
NALCO Shareholding Pattern involves 51.28% of NALCO share for Promoters, 21.47% for Retail and Others, 14.69% for Foreign Institutional Investors, 10.79% Mutual Funds, 1.77% for Domestic Institutional Investors
Shareholding of Mutual Funds and Domestic Institutional Investors was at 10.01% and 0.30% respectively on September quarter of 2021. The shareholding of mutual funds was 10.79% on September quarter of 2022 and the shareholding of domestic institutional investors was 1.77%. We can here see an increasing trend in shareholding the company, which is indeed a good sign. While the shareholding pattern may alter over time, there is an opportunity for growth in the years to come.
NALCO Share Price Target 2024
The fall in aluminum prices has impacted the EBITDA margin of the company, but still the NALCO Ltd company is performing well 2024 can see very good returns. Its first target may change to be seen around of Rs.105 by 2024 or after completion of the target its second target may be seen around Rs.108..
NALCO Share Price Target 2025
Very good returns can be seen till 2025, along with this, its first target can be seen around Rs.130, after completion of this target, its second target can be seen at Rs.140.
NALCO Share Price Target 2026
main users of aluminum in India are The electrical and electronics industries . NALCO’s P/E ratio is 6.01 and its profit is also growing very well, so it will be considered as a good P/E. Currently, the company’s ROE is 25.41% and its EPS is 13.82. The business might boosting its capacity in the near future. , along with this, its first target can be seen around Rs.175, after completion of this target, its second target can be seen at Rs. 195/-
NALCO Share Price Target 2024 Table
|YEAR||NALCO 1ST SHARE PRICE TARGETS (₹)||NALCO 2ND SHARE PRICE TARGETS (₹)|
The way company is paying attention to its product, we can easily foresee in the coming time, the company doing very good sales. Finally, we can conclude that NALCO presents a promising investment opportunity with the potential for long-term growth. A long term investor can invest a small amount in this stock and earn good returns in the long run.