Sell NALCO, target Rs 67.50 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a sell call on National Aluminium Company Ltd. with a target price of Rs 67.50 . The current market price of National Aluminium Company Ltd. is Rs 73.40. The time period given by the analyst is Intra Day when National Aluminium Company Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 76. National Aluminium Company Ltd., incorporated in 1981, is a large-cap non-ferrous metal company with a market cap of Rs 14187.70 crore.

National Aluminium Company Ltd. key Products/Revenue Segments include Aluminium which contributed Rs 5272.19 Crore to Sales Value (65.49 % of Total Sales), Alumina which contributed Rs 2584.25 Crore to Sales Value (32.10 % of Total Sales), Wind Power which contributed Rs 71.80 Crore to Sales Value (0.89 % of Total Sales), Export Incentives which contributed Rs 69.23 Crore to Sales Value (0.85 % of Total Sales), Other Operating Revenue which contributed Rs 47.80 Crore to Sales Value (0.59 % of Total Sales), Thermal Power which contributed Rs 4.75 Crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Mar-2017.

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.Pradip Kumar Mishra, Mr.Pravat Keshari Nayak, Mr.S Sankararaman, Mr.Sanjib Kumar Roy, Mr.Subhash Chandra, Mr.V Balasubramanyam, Prof.Damodar Acharya. Company has Guha Nandi & Co. as its auditoRs As on 31-03-2018, the company has a total of 1,932,928,884 shares outstanding.