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Friday, November 25, 2016

Nalco Touches a New High, Intraday on Friday


NalcoIncorporated in the year 1981, National Aluminium Company Ltd (NALCO) is a large cap company (having a market cap of Rs 10234.86 Cr.) operating in Metals - Non Ferrous sector. Today, the stock has made a new high of Rs. 58.00.
National Aluminium Company Ltd. key Products/Revenue Segments comprise Aluminium which contributed Rs 4782.83 Cr to Sales Value (65.79 Per cent of Total Sales), Alumina which contributed Rs 2318.19 Cr to Sales Value (31.89 Per cent of Total Sales), Export Incentives which contributed Rs 82.30 Cr to Sales Value (1.13 Per cent of Total Sales), Electricity which contributed Rs 55.51 Cr to Sales Value (0.76 Per cent of Total Sales), Other Operating Revenue which contributed Rs 30.37 Cr to Sales Value (0.41Per cent of Total Sales), for the year which ended on 31st Mar 2016.
This morning, NALCO share price zoomed by more than 6 per cent. The stock opened with a rise of 4 points at Rs. 54.75 as compared to its previous closing at Rs. 52.95. Within the next thirty minutes, around 25,40,969 shares are traded in the counter with a traded value of Rs. 1,446.57 lacs, as per NSE.

NALCO is a multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run.
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to NALCO share price history.

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