Accumulate National Aluminium Company, target price Rs 100: Prabhudas Lilladher

Prabhudas Lilladher has accumulate call on National Aluminium Company with a target price of Rs 100. The current market price of National Aluminium Company Ltd. is Rs 92.93.

National Aluminium Company Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 17080.68 Crore) operating in Metals - Non Ferrous sector.

National Aluminium Company Ltd. key Products/Revenue Segments include Aluminium, Alumina, Export Incentives, Wind Power, Other Operating Revenue for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 3112.02 Crore, down -3.56 % from last quarter Total Income of Rs 3226.88 Crore and down -12.55 % from last year same quarter Total Income of Rs 3558.83 Crore. Company reported net profit after tax of Rs 206.26 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 51.28 per cent stake in the company as of 30-Sep-2023, while FIIs owned 13.68 per cent, DIIs 17.47 per cent.