Buy National Aluminium Company, target Rs 72.50: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on National Aluminium Company (NALCO) with a target price of Rs 72.50.

The current market price of NALCO is Rs 70.65.

Time period given by the analyst is Intra Day when NALCO price can reach the defined target.


Kunal Bothra recommended keeping a stop loss at Rs 66.

NALCO, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 13,163.25 Crore) operating in Metals - Non Ferrous sector.

The company’s top management includes Dr.K Rajeswara Rao, Dr.N K Singh, Dr.Tapan Kumar Chand, Mr.Achla Sinha, Mr.Basant Kumar Thakur, Mr.Dipankar Mahanta, Mr.K C Samal, Mr.Kiran Ghai Sinha, Mr.Maheswar Sahu, Mr.Nagendra Nath Sharma, Mr.Pravat Keshari Nayak, Mr.S Sankararaman, Mr.Sanjib Kumar Roy, Mr.Subhash Chandra, Mr.V Balasubramanyam, Prof.Damodar Acharya.

The company has Guha Nandi & Co. as its auditors.

As on 31-12-2017, the company has a total of 1,932,928,884 shares outstanding.