🔥NATIONALUM🔥 (NSE) POSITIONAL BUY CALL FOR JUNE 2021

NATIONALUM on 19-July-2021 9:45 am  TARGET 5 @88.50 ACHIEVED ....  alert-success

NATIONAL ALUMINIUM COMPANY LTD

National Aluminium Company Ltd. was incorporated within the year 1981. Its today's share price is 72.8. Its current market capitalization stands at Rs 13581.7 Cr. within the latest quarter, company has reported gross revenue of Rs. 84718.4 Cr and Total Income of Rs.87457.7 Cr. The company's management includes Bijay Kumar Das, MP Mishra, NK Mohanty, Nagendra Nath Sharma, Sanjay Lohia, Satendra Singh, Radhashyam Mahapatro, Sridhar Patra, Sridhar Patra.

It is listed on the BSE with a BSE Code of 532234 , NSE with an NSE Symbol of NATIONALUM and ISIN of INE139A01034. It's Registered office is at Nalco Bhawan,Plot No. P/1,NayapalliBhubaneswar-751061, Orissa. Their Registrars are ACC Ltd. It's auditors are ABP & Associates, Agasti & Associates, Brahmayya & Co, CK Prusty & Associates, Guha Nandi & Co, PA & Associates, Patro & Co, SRB & Associates, Tej Raj & Pal

Brief about NATIONAL ALUMINIUM COMPANY LTD

National Aluminium Company (Nalco) was incorporated in 1981, as a public sector enterprise under the Ministry of Mines.

The total cost of capital of Rs 2408 crore was funded through the govt of India''s contribution of Rs1289 crore and a euro-dollar loan from a consortium f Iinternational banks of Rs1119 crore.

The company has Asia''s largest integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations.

Commissioned during 1985-87, Nalco has emerged to be a star performer in production, export of alumina and aluminium, and more significantly, in propelling a self-sustained growth.

Nalco, since its inception, has taken adequate steps for pollution control and effective environment management.

Nalco''s technology associate Aluminum Pechiney (AP), France, with its experience of stringent pollution control standards in Europe, has ensured eco-friendly process technology. With the growing environmental awareness in India and framing of stringent and statutory regulations, Nalco achieved all statutory clearances before starting its production.

Strict adherence to approved EMP and constant monitoring has helped Nalco to realize considerable success within the field of environment management.

The company’s bauxite mine is found at Panchpatmali Hills in Koraput district of Orissa. it's a totally mechanized open-cast mine, operational since 1985. It serves feed-stock to alumina refinery. The capacity of mine has increased from 24, 00, 000 tonnes per annum (tpy) to 48, 00, 000 tpy.

Nalco’s alumina refinery is found at Damanjodi in Koraput district, which began operations in 1986. it's amongst the highest ten alumina refineries within the world. The refinery operates three production streams, each of 5.25 lakh tpy and 3x18.5 MW co-generation of power. The capacity of the refinery has increased from 8, 00, 000 tpy to fifteen , 75, 000 tpy.

Its aluminium smelter is found at Angul in Orissa, which is operational since 1987. It comprises integrated casting & rolling facilities and energy-efficient state-of-the-art Pechiney technology (France). The capacity of smelter has increased from 2, 18, 000 tpy to three , 45, 000 tpy

A captive power station is found on the brink of smelter. It also has captive rail system for coal transport from Talcher Coalfields. The plant feeds uninterrupted power to smelter and is connected to state grid purchasable of surplus power. The capacity of power station has increased from 600 MW to 960 MW

Port facilities also are located on the inner harbour of Visakhapatnam Port with mechanized storage and ship handling facilities for exporting alumina and importing sodium hydroxide . The storage capacity is of 75, 000 tonnes of alumina and 30, 000 tonnes of sodium hydroxide and may handle up to 1 million tonnes of alumina export per annum .

Nalco operates a rolled product unit, which may be a 100% export oriented unit and is found on the brink of the smelter plant at Angul. the corporate acquired this unit from IAPL in March 2000. it's a product mixture of aluminium alloy coils and sheets with capacity of fifty , 000 tpy.

Exports - the corporate exports alumina products to countries namely USA, Georgia, Iran, China, Russia, Australia, Indonesia and therefore the UAE.

It exports aluminium products to countries namely Italy, Bahrain, Germany, China, Philippines, Pakistan, Sri Lanka , Nepal, Bangladesh, Myanmar, Thailand, Malaysia, Singapore, Indonesia, Hong Kong , Taiwan, South Korea , UAE, Japan, Turkey, USA and Vietnam

The R&D centres at Angul and Damanjodi are recognized by Ministry of Science and Technology, Government of India.

Products

Alumina

• Calcined Alumina
• Alumina Hydrate
• Speciality Aluminas & Hydrates
• Detergent GradeZeolite

Aluminium Metal

• Standard Ingots
• Sow Ingots
• Wire Rods
• Billets
• Cast Strips
• Cold Rolled Sheets

FUNDAMENTALS:-

Stock investing requires careful analysis of monetary data to seek out out the company's true net worth. this is often generally done by examining the company's profit and loss account, record and income statement. this will be time-consuming and cumbersome. a neater thanks to determine a few company's performance is to seem at its financial ratios, which may help to form sense of the overwhelming amount of data which will be found during a company's financial statements.

Here are the few indispensable tools that ought to be a neighborhood of each investor’s research process.

PE ratio: - Price to Earnings' ratio, which indicates for each rupee of earnings what proportion an investor is willing to buy a share. A general rule of thumb is that shares trading at a coffee P/E are undervalued (it depends on other factors too). National Aluminium features a PE ratio of 29.10 which is high and relatively overvalued .

Return on Assets (ROA): - Return on Assets measures how effectively a corporation can earn a return on its investment in assets. In other words, ROA shows how efficiently a corporation can convert the cash wont to purchase assets into net or profits. National Aluminium has ROA of 0.93 you which of them may be a bad sign for future performance. (higher values are always desirable)

Current ratio: - the present ratio measures a company's ability to pay its short-term liabilities with its short-term assets. a better current ratio is desirable in order that the corporate might be stable to unexpected bumps in business and economy. National Aluminium features a Current ratio of 1.68 .

Return on equity: - ROE measures the power of a firm to get profits from its shareholders investments within the company. In other words, the return on equity ratio shows what proportion profit each rupee of common stockholders’ equity generates. National Aluminium features a ROE of 1.35 % .(higher is better)

Debt to equity ratio: - it's an honest metric to see out the capital structure along side its performance. National Aluminium features a D/E ratio of 0.00 which suggests that the corporate has low proportion of debt in its capital.

Inventory turnover ratio: - Inventory Turnover ratio may be a n activity ratio and is a tool to guage the liquidity of a company's inventory. It measures what percentage times a corporation has sold and replaced its inventory during a particular period of your time . National Aluminium has a listing turnover ratio of 5.83 which shows that the management is inefficient in reference to its Inventory and dealing capital management.

Sales growth: - National Aluminium has reported revenue growth of -26.33 you which of them is poor in reference to its growth and performance.

Operating Margin: - this may tell you about the operational efficiency of the corporate . The operating margin of National Aluminium for the present fiscal year is 5.76 %.

Dividend Yield: - It tells us what proportion dividend we'll receive in reference to the worth of the stock. the present year dividend for National Aluminium is Rs 1.50 and therefore the yield is 2.07 %.

TECHNICALS:-