National Aluminium Company Limited is an Aluminium company based in India. The company got established in the year 1981. Popularly this company is known as NALCO. The headquarters are located at Bhubaneswar, Orissa. The units of the Aluminium Company are spread all over India. NALCO is a public sector unit controlled and regulated by the Government of India. As of now, it is the largest integrated Aluminium complex, covering Aluminium smelting and casting, alumina refining, power generation, bauxite mining, and rail and port operations in the entire continent of Asia. In the same category the Aluminium giant has earned the reputation of becoming sixth place holder in the entire world.
The company has been awarded with ISO 9001:2000 along with OHSAS 140001 for its supremacy and quality in production technology & occupational health & safety systems respectively.
The Indian Aluminium company has two main units. These units are located at Nalconagar-Angul (Smelter & Power Plant Complex) and Damanjodi (Mines & Refinery complex). The bauxite mines of the NALCO are called Panchpatmalli Mines. These are basically open cast mines. These are situated at the top of a set of five mountains. Damanjodi houses the refinery complex of NALCO for producing bauxite. Nalconagar, Angul houses the NALCO smelter unit.
If you are planning to trade in the stocks of National Aluminium Company Limited then you can get tailored trading tips, market analysis and financial reports to help you in your planning. You can opt for both short term and long term investments as the company is accumulating wealth and asset at a steady rate. Moreover, if you have any kind of suggestions about the trading arena or prospects of this company then you can submit your expertise here. In the trading arena the stocks of NALCO continuously return high value for the traders.
Buy National Aluminium with target of Rs 425 and stop loss of Rs 372, says Ashu Bagri, technical analyst, on NDTV Profit. The stock is currently trading at Rs 387.20, down 1.1% on the BSE.